Monday, June 11, 2007

MERGERS/DEALS (UPDATE 3)

(Reuters) - ** Wabtec Corp. said it acquired privately held
Ricon Corp., a maker of wheelchair lifts and ramps for buses,
for $73.5 million, including debt repayment, to complement its
presence in the transit bus market. [nWNAS3588]




** CSG Systems International Inc. said it agreed
to buy privately held ComTec Inc. for about $23.5 million in
cash. CSG expects the deal to add about $10 million to $12
million in revenue for 2007, the billing services and software
supplier said. [nBNG7264]


Read more at Reuters.com Bonds News

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