Horizon Pharma (HZNP) Announces Expiration of HSR Act in Proposed Depomed (DEPO) Merger Oct 9, 2015 06:39AM

Horizon Pharma (NASDAQ: HZNP) disclosed the following on Friday:

The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR”), expired effective Friday, October 9, 2015, with respect to the proposed acquisition of Depomed, Inc. (“Depomed”) by Horizon Pharma plc (“Horizon Pharma”).

As previously announced on September 8, 2015, Horizon Pharma commenced an exchange offer for all of the outstanding shares of Depomed common... (continue reading...)

Franklin Resources (BEN) Prelim. AUM Slips to $770.9B in Sept. Oct 9, 2015 06:37AM

Franklin Resources (NYSE: BEN) reported preliminary month-end assets under management by the company's subsidiaries of $770.9 billion at September 30, 2015, compared to $806.0 billion at August 31, 2015, and $898.0 billion at September 30, 2014.

ASSETS UNDER MANAGEMENT Preliminary (In billions) 30-Sept- 31-Aug- 30-Jun- 31-Mar- 30-Sept- 15 15 15 15 ... (continue reading...)
Southern Co. (SO), AGL (GAS) File Request in Illinois for Merger Approval Oct 9, 2015 06:37AM

In a joint filing with the Illinois Commerce Commission today, Southern Company (NYSE: SO) and AGL Resources (NYSE: GAS) requested regulatory approval of the companies' proposed merger.

AGL Resources is the parent company of Nicor Gas, a regulated utility providing natural gas services to approximately 2.2 million customers in northern and central Illinois.

When completed, the combination of Southern Company and AGL Resources is expected to create the second-largest... (continue reading...)

Alibaba's (BABA) AliCloud to Open Second Silicon Valley-Located Data Center Oct 9, 2015 06:29AM

AliCloud, Alibaba Group’s (NYSE: BABA) cloud computing arm, announced that it has launched its second data center based in Silicon Valley in the United States, addressing increasing demand for affordable and secure, mission-critical cloud computing while creating an infrastructure for high availability and effective disaster recovery. Cloud customers can apply for the center’s services starting Monday (October 12).

The new facility is AliCloud’s ninth globally and... (continue reading...)

Nortek (NTK) Completes Strategic Review; Will Stay Current Course Oct 9, 2015 06:28AM

Nortek (NASDAQ: NTK) announced that following receipt of an unsolicited proposal to acquire the Company, the Board and its advisors commenced a review of strategic alternatives. That review is now complete and all discussions in relation to this proposal have now ended.

Michael J. Clarke, President and CEO of Nortek, stated, "There have been rumors in the press that have created a distraction for us, and we want to thank all our customers and employees for their patience... (continue reading...)

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