NEW YORK (The Deal) -- Minerals Technologies has returned with a sweetened bid for Amcol International , offering $1.74 billion for the mineral producer to again leap past a competing offer from Imerys.
New York-based Minerals Technologies is...
* Park Sterling Corporation (Nasdaq: PSTB) ("Park Sterling"), the holding company for Park Sterling Bank, and Provident Community Bancshares, Inc. (OTCBB: PCBS) ("Provident Community"), the holding company for Provident Community Bank, N.A.,...
The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday March 4, 2014:
AMCOL Board Approves Amended Offer of $45.25/Share from Imerys
AMCOL International (NYSE: ACO) announced Tuesday that its...
(MedPage Today) -- MedPage Today recently chatted with S. Ian Drew, MD, chief medical officer of Heritage Provider Network, to share best practices for upstart or aspiring ACOs that they learned from their experience.
Minerals Technologies boosted its bid for AMCOL International Corp. to $45 a share, topping a recently sweetened bid from Imerys and raising the stakes in a bidding war over the U.S. bentonite producer.
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ACO is the world leading producer of the chemical bentonite. Bentonite was originally used in steel making. It was placed in the steel mix to absorb moisture, helping to produce stronger steel. A new innovative use was extrapolated, and bentonite became the primary active component in kitty litter. It is such a strong absorber of moisture that if placed on seemingly dry concrete, the tiny amounts of moisture will be absorbed leaving pock marks in the concrete.
ACO also provides contamination barriers for plant waste and dumping grounds. The barriers keep toxic materials from entering ground water and surrounding soil.
Finally, ACO makes products used in oil and gas production