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Acquisitions

BUSINESS
July 19, 1998 | Dow Jones
Century Business Services Inc. said it completed its acquisitions of General Business Services and Edwin K. Williams & Co., accounting and business services firms based in Waco, Texas. Financial terms weren't disclosed. Century Business also said it has changed the name of its Comprehensive Business Services unit to Century Small Business Solutions Inc. The company said it will combine General Business Services and Edwin K.
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BUSINESS
October 14, 1998
First American Financial Corp., the Santa Ana title insurance and real estate services giant, said Tuesday it acquired three branches of Charter Title Corp. in Washington state. Terms weren't disclosed. The acquisition includes Charter Title offices in Kitsap County, Jefferson County and Pacific County. The branches handled underwriting for First American.
BUSINESS
February 5, 1999 | Bloomberg News
Infinity Broadcasting Corp., home of the Howard Stern and Don Imus radio shows, said it is aggressively seeking acquisitions, possibly including Chancellor Media Corp., soon to be the No. 1 U.S. owner of radio stations. Both Infinity and Chancellor own numerous radio stations within the top 50 markets, meaning the government would be likely to require the sale of certain stations if the two companies combine. Chancellor will own the largest number of radio stations in the U.S.
BUSINESS
August 5, 2000 | Bloomberg News
Consumer goods giant Unilever said second-quarter earnings rose 7% to about $695 million, on a 3% increase in sales to $9.86 billion, bolstered by the acquisitions of Ben & Jerry's ice cream and SlimFast diet foods. The Dutch company, whose many brands include Bestfoods, Lipton, Dove and Elizabeth Arden, also said it will realign management into two global divisions, one for food and one for soaps and household products.
BUSINESS
September 24, 2002 | A Times Staff Writer
Avery Dennison Corp. said it acquired two companies in a bid to expand its reach in the apparel and retail industries. The Pasadena-based maker of adhesive labels and other products said it was acquiring RVL Packaging Inc., a Westlake Village-based global provider of woven and printed labels for the apparel industry, and RVL's key printing partner, L&E Packaging, based in Greensboro, N.C. Both transactions are subject to regulatory approval.
BUSINESS
August 16, 1996
Sunstone Hotel Investors Inc. said it has completed its acquisition of two hotels--the 165-room Comfort Suites in South San Francisco and a 151-room hotel in Price, Utah--for $15.7 million. Sunstone plans to convert the Utah property to a Holiday Inn Hotel & Suites. The two hotels were financed with proceeds from Sunstone's recent public offering. The real estate investment trust owns 20 hotels, with 2,612 rooms, in Western states.
BUSINESS
June 20, 2000
Cherokee International LLC, expanding its European presence, said on Monday it acquired Industrial and Telecommunication Systems, which includes Mitra Power Systems, a European designer and manufacturer of power supplies for equipment manufacturers. The acquisition also includes Mitra's sister entity, Mechanical and Automation Systems of Belgium. Financial terms were not disclosed.
BUSINESS
November 14, 2000 | Bloomberg News
Newport Corp., a maker of equipment used to build semiconductors and fiber-optic parts, said it plans to make acquisitions to broaden its line of test, measurement and automation products. "I won't say there's a wealth of companies out there, but we're looking every day," Newport Chief Executive Robert Deuster said Monday after a presentation to investors at the UBS Warburg Global Telecom Conference in New York.
BUSINESS
March 19, 1997 | (Dow Jones)
Telecommunications equipment reseller Telmar Corp. has rejected a $15.5-million buyout bid from Staruni Corp., describing the offer as "inadequate." The rejection was disclosed Tuesday by PerfectData Corp. A PerfectData subsidiary is scheduled to merge with Staruni. PerfectData said Staruni, which offered to buy Telmar for $6 million in cash and $9.5 million in stock, will continue to negotiate with Telmar and "consider a number of options."
BUSINESS
August 21, 1998 | Dow Jones
Microfluidics International Corp. said it completed its acquisition of Fullerton-based Morehouse-Cowles Inc. and Epworth Manufacturing Co. of South Haven, Mich. for cash, assumption of selected liabilities, common shares and other debt. Further financial terms weren't disclosed. Microfluidics said the two companies had combined 1997 revenues of $11.7 million. The two companies will operate as separate units and their facilities will remain in their current locations. J.B.
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