Signal Hill

SUNNYVALE, CA -- (MARKET WIRE) -- 11/23/09 -- Fortinet® (NASDAQ: FTNT) -- a provider of network security appliances and unified threat management (UTM) solutions -- today announced that it has closed its previously announced initial public offering of 12,500,000 shares of its common stock at a price to the public of $12.50 per share. In connection with the initial public offering, the underwriters exercised in full their option to purchase an additional 1,875,000 shares of common stock from the company. As a result, the total initial public offering size was 14,375,000 shares, which ...

Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) today confirmed that it has submitted a proposal to acquire Diedrich Coffee, Inc. (NASDAQ: DDRX) for $30.00 per share in cash pursuant to a cash tender offer, in a transaction with a total enterprise value of approximately $247 million. Separately, today Diedrich announced that the Board of Directors of Diedrich had determined that the GMCR offer constituted a superior proposal, as defined in the existing merger agreement between Diedrich and Peet's Coffee & Tea, Inc. (NASDAQ: PEET), to the November 2, 2009 Peet's proposal. Diedrich also announced today that is has received a revised offer from Peet's.

Under the terms of GMCR's proposal, GMCR will acquire all of the outstanding shares of Diedrich common stock for $30.00 per share in cash, with no financing and no due diligence contingencies. GMCR intends to fully finance this transaction through cash on hand and GMCR's ...

IDT, Inc.(NASDAQ: IDTI) today announced it has signed an agreement to divest its Micro Networks business to Spectrum Control, Inc. for approximately $13 million. The ...

Cash Transaction Further Focuses Company on Mixed Signal Solutions for Communications, Computing and Consumer Markets SAN JOSE, Calif.--(BUSINESS WIRE)-- IDT(R) (Integrated Device Technology, Inc.)(NASDAQ: IDTI), a leading provider of essential mixed signal semiconductor solutions that enrich the digital media experience, today announced it has signed an agreement to divest its Micro Networks business to Spectrum ...

HAYWARD, Calif., Nov. 20 /PRNewswire/ -- Massingham & Associates Management, Inc., an Associa Company, proudly announces new community management services client, Belvedere at Northgate Homeowners Association. Belvedere at Northgate Homeowners Association is a new community of elegant, luxury condominiums tucked in Vallejo Hills between San Francisco and Napa Valley. Gary L. Mandarich, President of Mandarich Development, was inspired by the beauty of Vienna, Austria and wanted to bring the elegance of Austria's European architecture to this new community. This ...