On Monday, Shares of General Electric Company (NYSE:GE), gained 0.66% to $27.42.
GE Antares, a unit of GE Capital, declared recently it is serving as administrative agent on a $124.5 million senior secured credit facility to support the acquisition of Area Wide Protective (AWP) by The Riverside Company. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.
Headquartered in Kent, OH and founded in 1993, AWP offers temporary traffic administration solutions to a variety of customers, counting utilities, utility contractors and telecommunications companies.
General Electric Company (GE) operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment.
Shares of Office Depot, Inc. (NASDAQ:ODP), declined -0.44% to $9.05, during its last trading session, after the company’s shareholders agreed to terms on Staples (SPLS) $6.3 billion buyout offer.
The company said that 99.5% of the votes cast were in favor of closing the deal with Staples which was first declared in February.
Office Depot shareholders will get $7.25 per share in cash and 0.288 of a share in Staples stock for each share they own.
The deal is still subject to regulatory approval in the U.S., while regulatory agencies in China and New Zealand have approved the merger.
Office Depot, Inc., together with its auxiliaries, supplies office products and services. The company’s North American Retail division sells an assortment of merchandise, counting office supplies, technology products and solutions, business machines and related supplies, facilities products, and office furniture under various brands through its chain of office supply stores.
Finally, Valero Energy Corporation (NYSE:VLO), ended its last trade with -0.68% loss, and closed at $59.92.
Valero Energy Corporation, declared that it will host a conference call on July 30, 2015 at 11:00 a.m. ET to talk about second quarter earnings results, which will be released earlier that day, and provide an update on company operations.
Valero Energy Corporation operates as an independent petroleum refining and marketing company in the United States, Canada, the Caribbean, the United Kingdom, and Ireland. It operates through two segments, Refining and Ethanol. The Refining segment is involved in refining, wholesale marketing, product supply and distribution, and transportation operations.
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