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Unusual 11 Mid-Day Movers 5/23: AGL, XJT, IXYS, SINO Higher; HURC, LCC, LMRA, GSOL Lower |
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| May 23, 2008 03:48 PM UTC |
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Tracked Blogger
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Via StreetInsider.com News Articles:
Angelica Corporation (NYSE: AGL) 29.3% HIGHER; has signed a definitive merger agreement on May 22, 2008 with a company formed by Lehman Brothers Merchant Banking Partners IV L.P. to acquire Angelica for $22.00 per share in cash. The transaction, which is subject to approval by Angelica shareholders, the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and satisfaction of other customary closing conditions, is expected to close in late summer. ExpressJet Holdings Inc. (NYSE: XJT) 19.9% HIGHER; Calyon Securities upgrades ExpressJet from Add to Buy with a $3.50 price target. Hurco Companies (Nasdaq: HURC)
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