latest news releases from the newsroom
Straumann Holding AG
Straumann Completes Acquisition of Japanese Distributor, Daishin Implant System
BASEL, Switzerland, July 3, 2007 (PRIME NEWSWIRE) -- Straumann, a global leader in implant, restorative and regenerative dentistry today announced that it had completed the acquisition of Daishin Implant System (DIS), the exclusive distributor of Straumann implant products and services in Japan, for a purchase price of CHF 75 million in cash and an additional performance-based consideration of up to CHF 10 million, to be paid on or before 1 February 2014.
Waste Management of Alameda County Deploys Temporary Substitute Workers
OAKLAND, Calif., July 2, 2007 (PRIME NEWSWIRE) -- After months of unsuccessful attempts to bring Teamsters Local 70 to the table to negotiate a new contract, the union's continued refusal to bargain and refusals for labor peace have left Waste Management of Alameda County (WMAC) with no contract and no choice but to bring in temporary drivers to ensure that garbage is picked up in Bay Area communities. Effective 5:00 p.m. today, the company instructed Local 70 members not to report to work until such time that the union comes to the table and the parties can agree on a new contract. The size of the Local 70 work force and their continued strike threats in support of locals like Los Angeles created too large a risk of garbage in the streets.
Washington Federal, Inc.
Washington Federal, Inc. to Acquire First Mutual Bancshares, Inc.
SEATTLE, July 2, 2007 (PRIME NEWSWIRE) -- Washington Federal, Inc. (the "Company" or "Washington Federal") (Nasdaq:WFSL) and First Mutual Bancshares, Inc. ("First Mutual") (Nasdaq:FMSB) announced today the signing of a definitive merger agreement. The merger agreement calls for the merger of First Mutual with and into the Company, followed by the merger of First Mutual Bank into the Company's wholly owned subsidiary, Washington Federal Savings, in a stock and cash transaction valued at approximately $189.8 million. After consummation of the merger, the combined Company will have 148 offices in eight western states with total assets of approximately $11 billion and total deposits of approximately $6.8 billion.
Two in One? -- Revolutionary New Book Aims to Boost Careers, Health of Readers
MIAMI SHORES, Fla., July 2, 2007 (PRIME NEWSWIRE) -- In the hierarchy of the human mind, health usually takes a backseat to career -- never more so than in today's corporate age, where everyone tries to stretch a 24-hour day into an endless and productive workday. Many face the daily quandary of finding new ways to thrive in order to achieve higher goals, with increased competition, progressively limited resources, and the same manpower. Burnt-out, energy-depleted, or constantly stressed, many find themselves unable to take pleasure in their hard-earned position. A solution to this may come in the form of a new book slated to hit bookstores this week.