NORTH ANDOVER, Sept. 4, Anaren Microwave Inc. (Nasdaq: ANEN)
announced that it has acquired all of the outstanding capital
stock of Amitron, Inc., a privately held North Andover,
MA-based company. Amitron manufactures precision thick film
ceramic components and circuits for the medical, telecommunications,
and defense electronics markets. In calendar year 2000, Amitron
had net sales totaling $8.9 million and approximately 80 employees.
Anaren designs, manufactures and sells complex microwave signal
distribution networks and components.
WALTHAM,
Sept. 4, Clark/Bardes Consulting (Nasdaq: CLKB) announced
the purchase of Lyons Compensation & Benefits, LLC.
The consideration consists of a total purchase price of
$12 million dollars. The company expects the transaction
to be accretive by $0.04 starting in 2002. Lyons Compensation
and Benefits, based in Waltham, Mass., specializes in the
design and administration of compensation and benefits programs
with the goal of attracting and retaining key employees.
Clark/Bardes Consulting provides a full array of executive
compensation and benefits solutions.
NEWTON,
Sept. 5, Mellon Financial Corporation (NYSE: MEL) and Eagle
Investment Systems Corp. announced a definitive agreement
under which Mellon will acquire Eagle. Mellon will acquire
Eagle with a combination of Mellon's common stock and cash
at the election of Eagle's shareholders. The transaction
is expected to close during the fourth quarter of this year.
Headquartered in Newton, Mass., Eagle develops Web-based
investment management software solutions. Mellon Financial
Corporation provides custody and investment support services
worldwide.
WESTFORD,
Sept. 6, ENSR International has acquired selected
assets of McLaren-Hart/Jones (MH/J) Environmental Consulting.
These assets include operations in Detroit, MI; Milwaukee
and Green Bay, WI; Cincinnati, OH; Egg Harbor, NJ; and Oakland
and Santa Ana, CA. Staff and projects associated with these
offices are operating under the ENSR name. ENSR International
provides environmental and energy development services.
BOSTON,
Sept. 7, Hancock Victorian Plantations Pty Ltd (HVP) has
acquired all the shares of Australian Paper Plantations
Pty Ltd (APP) from PaperlinX (ASX: PPX) for U.S. $77.2 million.
The property includes 134,862 acres in the Gippsland region
of the state of Victoria, Australia. HVP is Australia's
largest private timberland owner. Boston-based Hancock Timber
Resource Group (HTRG) oversees the operations of HVP, which
is owned jointly by U.S. and Australian institutional investors.
HRTG is a unit of the Hancock Natural Resources Group, Inc.,
an indirect subsidiary of John Hancock Financial Services,
Inc. (NYSE: JHF).
WEST
SPRINGFIELD, Sept. 10, Westbank Corporation (Nasdaq:WBKC)
announced the merger of its wholly owned subsidiaries. Cargill
Bank was merged with and into Park West Bank and Trust Company,
a Mass.-chartered bank and trust company headquartered in
West Springfield, Mass. In connection with the merger, Park
West changed its name to Westbank. Westbank Corporation
is the holding company of Westbank, and operates a total
of 17 banking offices in western Mass. and northeastern
Connecticut. Westbank Corporation has total assets of $656
million and deposits of $541 million.
ANDOVER,
Sept. 13, Engage, Inc. (Nasdaq: ENGA), a majority
owned CMGI (Nasdaq: CMGI) company, announced it has
sold certain online advertising assets and will discontinue
the rest of its media operations later this month, completing
its effort to refocus the company on software products for
multichannel marketing. Engage's remaining 125 media-related
positions will either move to Bluestreak or be terminated,
consistent with the company's August 20 announcement regarding
its departure from the media business. Bluestreak is based
in Rhode Island.
LEXINGTON,
Sept. 14, The DeWolfe Companies, Inc. (AMEX:DWL),
announced the acquisition of the business of Lazarus Properties
of Cranston, R.I. Lazarus Properties is a residential real
estate brokerage firm. DeWolfe is a provider of homeownership
services, including residential real estate brokerage, mortgage
banking, insurance, moving and relocation services. DeWolfe
has offices in Connecticut, Maine, Massachusetts, New Hampshire
and Rhode Island.
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