Standard & Poor's Announces Changes to U.S. Indices Jun 17, 2009
Employers Holdings Inc. (NYSE: ) will replace Catapult Communications (Nasdaq: ) in the S&P SmallCap 600. Catapult is being acquired by Ixia (Nasdaq: ) in a cash tender offer expected to expire soon. (PR Newswire)
Law Offices of Brian M. Felgoise, P.C. Announces Investigation On Behalf of Shareholders of Catapult Communications Corporation May 15, 2009
PHILADELPHIA, May 14, 2009 (GLOBE NEWSWIRE) -- Law Offices of Brian M. Felgoise, P.C. announces an investigation into possible violations of state law for, among other things, breaches of fiduciary duty in connection with a proposed buyout of Catapult Communications Corporation (``Catapult'') (NasdaqGS: - ) by Ixia. The investigation is focused on whether the proposed deal provides adequate value to Catapult's shareholders. (Primezone Releases)
Ixia to buy Catapult for $105M May 12, 2009
"Based on a thorough evaluation of strategic alternatives, Catapult's board of directors believes that this transaction provides both excellent value and liquidity for our shareholders," said Richard A. Karp, chairman and CEO of Catapult Communications. "The combination of Catapult's wireless expertise with Ixia's multiplay IP capabilities will offer the market a single, powerful test solution that will benefit our customers and employees.". (San Jose Business Journal, CA)
