Plaintree shares find life in marriage with Targa

Article Abstract:

Wide area network telecommunications switches maker Plaintree Systems Inc of Stittsville, Ontario, has announced that it will merge with privately held Targa Group Inc of Nepean, Ontario. Targa designs and manufactures electronic equipment for the aerospace industry. Under the deal, Plaintree will acquire all of Targa's business divisions in exchange for Targa shareholders getting a 49% stake in Plaintree.

Telephone Apparatus Manufacturing, Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing, Telephone & Telegraph Eqp NEC, Aviation Electronics, Telecommunications systems, Avionics, Plaintree Systems Inc, Targa Group Inc.

---

Let market be the judge of bank-insurer mergers

Article Abstract:

Canadian regulations that prohibit the merger of banks and insurance companies are analyzed and proposed changes to merger guidelines are discussed. It is emphasized that market forces rather than government regulations should govern these developments.

Legal issues & crime, Government regulation (cont), Government expenditures, Banking Institutions, Depository Credit Intermediation, Government regulation, DEPOSITORY INSTITUTIONS, Legal/Government Regulation, Laws, regulations and rules, Mergers, acquisitions and divestments, Banks (Finance), Company acquisition/merger, Acquisitions and mergers, Economic policy, Insurance companies

---

Similar abstracts:

• Abstracts: Plaintree shares soar on plans to amalgamate. Ottawa mulls aid package for struggling forestry sector
• Abstracts: Ottawa intervenes in RIM patent infringement battle. RIM allegedly caused 'substantial harm.'
• Abstracts: Root beer battle adds fizz to soft drinks. Qatari stocks hot enough to melt icicles in Moose Jaw. Bruce startups 'positive" move
• Abstracts: Build a defence against rising rates. Protect your funds from an oil spill
• Abstracts: Bombardier thrown into turmoil over Tellier's sudden departure: Beaudoin has a major call to make

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.