07:00 , May 31, 2010 |  BC Week In Review  |  Company News

CPEX, Arcadia Capital Advisors LLC deal

Arcadia Capital's tender offer to acquire CPEX for $16 per share expired. Shares tendered into the offer will be returned without acceptance. Earlier this month, CPEX's board unanimously recommended that shareholders reject the offer and...
07:00 , May 17, 2010 |  BC Week In Review  |  Company News

CPEX, Arcadia Capital Advisors LLC deal

CPEX's board unanimously recommended that shareholders reject a $16 per share unsolicited tender offer from private equity firm Arcadia Capital stating the offer is inadequate and undervalues the company. The board also said it would...
07:00 , May 3, 2010 |  BC Week In Review  |  Company News

CPEX, Arcadia Capital Advisors LLC deal

Arcadia Capital began a tender offer to acquire CPEX for $16 per share, which would value the company at $40.7 million, based on 2.5 million shares outstanding at March 24. At Feb. 22, Arcadia already...
08:00 , Jan 18, 2010 |  BC Week In Review  |  Company News

CPEX deal

In an SEC filing, private equity firm Arcadia Capital proposed to acquire the 88% of CPEX it does not already own for $14.00 per share, or about $31.3 million. The price is a 24% premium...