One of the more interesting M&A deals in the works was leaked almost a month ago by Bloomberg. In a story published at the beginning of November, Bloomberg writers Jeffrey McCracken and Cathy Chan tipped us off to the fact that Sonosite (Nasdaq: SONO) had hired JP Morgan to rep them in a possible sale of the company to Samsung. Read more
Do the plaintiff attourneys suing Harbin Electric (Nasdaq: HRBN) know more about the risk of Harbin’s $24-per-share acquisition closing than the rest of the market? It sure seems so. Read more
Yesterday after the close of trading Harbin Electric (Nasdaq: “HRBN”) filed an updated explanation of its purported $38.8 million dollar acquisition of raw land in Xi’an.
Reading the 8-k filing is like listening to a schoolboy come up with colorful excuses why he didn’t come to school with his homework – in short, it’s a Chinese version of the old hokum, ‘The Dog Ate My Homework’ (shout out to my dear friend who came up with that gem in a phone call with me last night!).
Interdigital (IDCC) is a patent holding company that put itself up for sale on July 18th of this year. Holding over 8,800 patents with thousands more applications awaiting approval, IDCC’s core strength revolves around the growing area of LTE/4G. Read more
Tuesday September 06, 2011
Much ink has been spilled over the controversy surrounding Harbin Electric (Nasdaq: HRBN). Ostensibly billed as a Mainland, China manufacturer of linear, industrial and specialty motors, Harbin is virtually one of the last-standing Chinese RTOs Read more