Cybex and Apex agree to merge in $2 billion deal

Article Abstract:

Apex Inc. has reached a merger agreement with Cybex Computer Products Corp. The deal is valued at $2 billion (2.09 billion euros).

Computer peripheral equipment, not elsewhere classified, Computer Auxiliary Equip, Computer and Peripheral Equipment Manufacturing, Computer peripherals industry, Computer peripherals, Apex Inc. (Pawtucket, Rhode Island), Cybex Computer Products Corp., CBCY

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Attention, shoppers: Kmart to buy Sears for $11.5 billion

Article Abstract:

Successful Connecticut-based financier Edward Lampert has worked with Alan Lacy, chief executive officer of Sears, Roebuck and Co., to arrange the merger of Kmart Holding Corp. with Sears. The consolidation of the discount retailer with the department store chain is expected to propel the two companies back to their former positions as industry leaders.

Financial management, Management dynamics, Executive changes & profiles, Securities issued, listed, Management, Officials and employees, Company investment, Investments, Securities, Kmart Holding Corp., Company business management, Sears, Roebuck and Co., Company securities, Personality profile, Capitalists and financiers, Lampert, Edward, Lacy, Alan

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Wal-Mart leaves South Korea by selling stores to local rival

Article Abstract:

Wal-Mart Stores Inc. of the United States divested it's 16 outlets in South Korea to Shinsegae Co. of South Korea for $872 million. Carrefour S.A. of France also divested its department stores in South Korea. International companies face a small group of family-owned conglomerates that control the economy in South Korea.

South Korea, Foreign operations, France, Wal-Mart Stores Inc., WMT, Carrefour S.A., Shinsegae Department Store Company Ltd.

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