Acquisitions, New Launches, Program Updates, Partnerships, and Share Repurchase Authorizations - Research Report on Molex, Yahoo, Trulia, Wipro, and 21Vianet
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NEW YORK, September 12, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Molex Incorporated (NASDAQ: MOLX), Yahoo! Inc. (NASDAQ: YHOO), Trulia Inc. (NYSE: TRLA), Wipro Limited (NYSE: WIT), and 21Vianet Group Inc. (NASDAQ: VNET). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Molex Incorporated Research Report
On September 9, 2013, Molex Incorporated (Molex) announced that it has entered into a definitive agreement to be acquired by Koch Industries, Inc. (Koch). According to the Company, the terms of the agreement allows Koch to acquire all of Molex's outstanding shares including the Common Stock, the Class A Common Stock and the Class B Common Stock, for $38.50 per share in cash, for a total equity value of c.$7.2 billion. Molex stated that based on the closing prices on September 6, 2013, the purchase price represents a 42% premium to the equity value of Molex's publicly-traded stock, specifically a 31% premium to the Common Stock and a 56% premium to the Class A Common Stock. The Company further informed that post acquisition Molex will become a standalone subsidiary of Koch and will continue to be operated by the Company's current management team. Charles Koch, chairman and CEO of Koch, said, "Molex has become a global leader by focusing on product innovation and value creation, driven by its talented leadership and employees. We look forward to jointly applying the capabilities of our two companies to help take both to the next level." The Full Research Report on Molex Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-09/MOLX]
Yahoo! Inc. Research Report
On September 9, 2013, Yahoo! Inc. (Yahoo) announced the debut of its fall comedy Lineup as well as the launch of its new Yahoo Screen app for iOs devices. According to the Company, its fall comedy Lineup includes all episodes of eight original web series, the entire Saturday Night Live clip archive, and clips from Viacom's Comedy Central and MTV Shows, including The Daily Show with John Stewart, The Colbert Report, and others. Yahoo informed that a total of 1,000 hours of comedy content and 5,000 clips are available to be watched on mobile with a new Yahoo Screen app for iPad, iPhone, and iPod touch as well as online, on the new Yahoo Screen website. Yahoo further said that it is the first advertising-supported digital distributor to release this volume of content at one time. Erin McPherson, Yahoo's Vice President and Head of Video, said, "Content of this caliber deserves a great showcase, and Yahoo Screen is just that--a true destination where our users will be able to discover, watch and share not only first-rate comedy, but a wide variety of other engaging video." The Full Research Report on Yahoo! Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-09/YHOO]
Trulia Inc. Research Report
On September 5, 2013, Trulia Inc. (Trulia) announced that it has added 15 new partners in its Trulia Accelerate Program, which helps brokers recruit and retain agents by offering a customized package of products and services to accelerate productivity. The Company stated that with 16 partners so far, the program is empowering nearly 70,000 agents with products and resources to help increase their productivity. Pete Flint, Trulia's CEO, said, "With Trulia Accelerate, we are providing our partners with a strategic tool that empowers their agents, while strengthening their brand with both consumers and high performing agents." The Full Research Report on Trulia Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-09/TRLA]
Wipro Limited Research Report
On September 5, 2013, Wipro Limited (Wipro) and KANA Software Inc. (KANA) announced that they have entered into a strategic partnership to form a joint development center to accelerate implementations of the KANA Enterprise customer service suite with an initial focus on the insurance industry. Wipro stated that it has certified global system integration personnel on KANA technology, enabling insurers that select KANA solutions to achieve faster implementation of schedules and advance their omni-channel customer experience initiatives. Mark Duffell, CEO for KANA, said, "Wipro's global presence and deep domain expertise will help address the high demand that we are receiving from multinational brands for end-to-end customer service solutions," He added, "Our strategic partnership with Wipro leverages additional professional services resources at a time of significant growth for KANA, and ensures the continued proliferation of our technology into the customer support infrastructures of the world's largest and best-known brands." The Full Research Report on Wipro Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-09/WIT]
21Vianet Group Inc. Research Report
On September 5, 2013, 21Vianet Group Inc. (21Vianet) announced that its Board of Directors has authorized the Company to repurchase up to $10 million of its own outstanding shares within the next 12 months. According to 21Vianet, its board of directors will review the share repurchase program periodically, and may authorize adjustment of its terms and size. The Company further informed about its plans to fund repurchases made under this program from its available cash balance. The Full Research Report on 21Vianet Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-09/VNET]
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