Ultimate Software was acquired in an all-cash transaction for USD 331.50 per share in cash, after which it will operate as a
privately held company.
Ultimate Software announced that it has entered into a definitive merger agreement to be acquired by an investor group led by Hellman & Friedman, a private equity investment firm, in an all-cash transaction for $331.50 per share in cash - representing an aggregate value of approximately $11B- after which Ultimate Software will operate as a
privately held company. Under the terms of the agreement, all Ultimate stockholders of record will receive $331.50 in cash for each share of Ultimate's common stock held upon the closing of the transaction.
Most recently, Heaton was president, chief executive officer and director of Cardiox Corp., a
privately held company that developed and marketed drug-device combination products for the structural heart and liver diagnostics markets, joining the company as its first employee.
Privately held company Thomas & Thorngren is to be known as Thomas & Company, officials announced on Tuesday.
The new director is CEO, president, and a member of the board of directors of Advanced Hydro Inc, a
privately held company commercialising novel membranes technology and turnkey systems for the treatment of wastewater in the oil and gas industry, including hydraulic fracturing wastewater recycling applications.
A creditor of the
privately held company has filed a petition to force the company into bankruptcy.
Omnex is a
privately held company based in British Columbia, Canada, which designs and manufactures radio telemetry control products for the construction and heavy equipment markets, as well as industrial wireless networking solutions that are sold primarily into process automation and petrochemical industries.
Millennium is a
privately held company and would not disclose its current financial data or the names of new investors.
The
privately held company, which develops technologies to treat abnormal heart rhythms, has moved the development of its first product, an implantable heart defibrillator, through early development stages.
A reverse takeover is a deal where a
privately held company becomes a publicly held company without going the traditional route of floating on the stock market.