1 min read · 26 January 2010
1 min read · 26 January 2010
Versa Capital Management, a Philadelphia-based turnaround firm, has opened offices in Chicago and Los Angeles. The Chicago office will be led by Suzanne Yoon, a former senior vice president of CIT’s national restructuring group. The LA office will be led by David McReynolds, a former principal with American Capital.
2 min read · 26 January 2010
1 min read · 26 January 2010
1 min read · 26 January 2010
3 min read · 26 January 2010
1 min read · 26 January 2010
Mid Europa Partners has completed its tender offer to acquire all outstanding ordinary shares of Invitel Holdings AS (AMEX: IHO), a fixed-line telecom and broadband internet services provider in the Republic of Hungary. Mid Europa now holds 91.8% of the shares, and plans to acquire the remainder via separate transactions.
3 min read · 25 January 2010
BioScrip Inc. (Nasdaq: BIOS) has agreed to buy Critical Homecare Solutions from Kohlberg & Co. for $343.2 million in cash and stock. The deal also includes the issuance of 3.4 million BioScrip warrants with a $10 exercise price. Critical Homecare Solutions provides home infusion and home health agency services to patients suffering from chronic and acute medical conditions. It had agreed to be acquired for $534 million two years ago by a blank-check acquisition company called MBF Healthcare Acquisition Corp., but the deal was later renegotiated down to $469 million and then mutually-terminated.
4 min read · 25 January 2010
1 min read · 25 January 2010