Applied Power to acquire Rubicon for $347.8 million

Article Abstract:

Applied Power Inc. announced that it has reached an agreement to purchase Rubicon Group PLC in a 207 million pound sterling ($347.8 million) deal. Rubicon is a electrical-engineering firm based in Great Britain. Applied Power, a manufacturer based in the US, expects to make a 235-pence-a-share tender bid for Rubicon's common stock. Rubicon produces electronic closures and related goods.

Comment:

Applied Power Inc. to purchase Rubicon Group PLC in a 207 million pound sterling ($347.8 million) deal

General Industrial Machinery, Machinery Manufacturing, Other Electronic Component Manufacturing, Electronic Equip Enclosures, Industrial equipment, Machinery, Actuant Corp., Article, Electronic equipment enclosures, Rubicon Group PLC

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EMI, Launch have deal for music on the Internet

Article Abstract:

Article explaining the deal Launch Media Inc. has made with EMI Recorded Music for the rights of EMI's music videos, indicating how music companies are more frequently using the Internet to market music. EMI Recorded Music, a unit of EMI Group PLC, will receive an equity share of Launch of roughly 1%, and a small share of advertising revenues made for Launch by the videos.

Motion Picture and Video Industries, Integrated Record Production/Distribution, Records & Tapes, Video Discs, Finance, Securities, Sound recording industry, Recording industry, Sound recordings, Video recording industry, Videodisks, Videodisc industry, LAUNCH Media Inc., EMI Recorded Music Worldwide

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