Aether Systems +
NetSearch, Chapman Capital + eChapman.com, HealthZone.com + VitaminDiscount.com, Alt-Health.com, Mucho.com + TEAM America
HealthZone.com (ZONE) acquires
VitaminDiscount.com, Alt-Health.com |
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Amount:
Undisclosed |
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Terms:
n/a |
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Premium: n/a |
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Industry: Health
Portal |
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Scorecard: C |
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LOS ANGELES, April 20–HealthZone.com (ZONE)
, formerly known as Omni Nutraceuticals under the ticker symbol
‘OMNT,’ announced it has signed a binding letter of intent to acquire VitaminDiscount.com and
its sister information portal site Alt-Health.com.
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Aether Systems (AETH) acquires
NetSearch |
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Amount: Up to $90
million |
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Terms:
$25 million cash/$65 million per milestones |
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Premium: n/a |
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Industry: Wirless
services |
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Scorecard: B |
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OWINGS MILLS, April 20–Aether Systems (AETH)
, provider of wireless data systems and services, announced the acquisition
of NetSearch, provider of wireless solutions for companies selling
products and services via the Internet. The purchase price consists of $25
million in cash at closing plus up to an additional $65 million payable
over 13 months if NetSearch meets specified revenue targets.
Based in Scottsdale, Ariz., NetSearch develops and markets a
high-end wireless notification and response system designed to increase
sales productivity for companies engaged in Internet commerce by bridging
the gap between website consumers and retailers.
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Mucho.com acquires TEAM America
(TMAM) |
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Amount:
Undisclosed |
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Terms:
n/a |
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Premium: n/a |
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Industry:
Online staffing
services |
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Scorecard: C+ |
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LAFAYETTE, April 20–Led by CEO and Chairman S. Cash Nickerson,
Mucho.com has entered into a letter of intent to either combine with
or acquire TEAM America (TMAM)
. Terms of the transaction were not disclosed.
The proposed combination with TEAM America would bolster Mucho.com’s human resource service offering
while giving the company access to nearly 2,000 small business customers.
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Chapman Capital (CMGT) merges into
eChapman.com |
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Amount: n/a |
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Terms:
2.23 eChapman.com shares for each CMGT share |
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Premium: n/a |
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Industry: E-financial
services |
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Scorecard: D |
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BALTIMORE, April 20–During a shareholder meeting held today at the
company’s Baltimore, Maryland headquarters, shareholders voted to approve
the merger of Chapman Capital Management Holdings (CMGT)
, into a wholly-owned subsidiary of eChapman.com.
In the merger, each share of outstanding common stock of Chapman Capital
Management Holdings will be entitled to receive 2.23363 shares of eChapman.com, which ha
s filed with the
SEC to debut on the Nasdaq under the ticker ‘ECMN.’
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