ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers
Infologix (MM)

Infologix (MM) (IFLG)

4.28
0.00
( 0.00% )
Updated: 20:00:00

Get an advanced news scanner tailored to your needs by ADVFN

Enhance your trading experience

IFLG News

Official News Only

IFLG Discussion

View Posts
sherwood37 sherwood37 13 years ago
thats how a buyout looks like SAEI and THRR the price goes right to the buy price.True it was just speculation for those two but in the just of thing thats how it works.
๐Ÿ‘๏ธ0
Zephyr Zephyr 13 years ago
17:53:00 SWK IFLG InfoLogix to Be Acquired by Stanley Black & Decker for $61.2 Million

InfoLogix to Be Acquired by Stanley Black & Decker for $61.2 Million

NEW BRITAIN, Conn. & HATBORO, Pa., Dec 15, 2010 (BUSINESS WIRE) -- Stanley Black
& Decker (SWK) ("Stanley"), a diversified industrial company, and InfoLogix, Inc.
(otcqb:IFLG) a leading provider of enterprise mobility solutions for the
healthcare and commercial industries, announced today that they have entered into
a definitive agreement under which InfoLogix will be acquired by Stanley for
$4.75 per common share in cash. The total transaction value is approximately
$61.2 million, including the assumption of debt, of which approximately $22.1
million is currently outstanding and a portion of which is convertible into
shares of common stock of InfoLogix.

InfoLogix will add an established provider of mobile workstations and asset
tracking solutions to Stanley's existing Healthcare Solutions growth platform. As
part of Stanley Healthcare Solutions, InfoLogix's business will be
well-positioned to extend its reach in healthcare and commercial markets by
having access to the resources, brand equity and global supply chain of a S&P 500
company.

"The acquisition of InfoLogix is consistent with Stanley Black & Decker's
portfolio diversification strategy and continues the expansion of one of our
growth platforms, Stanley Healthcare Solutions," said Brian Kaner, CFO and COO of
Stanley Convergent Security/Healthcare Solutions. "Offering strategic technology
consulting services will enable Stanley Healthcare Solutions to assist clients in
improving workflow, productivity and profitability through complete enterprise
mobility solutions. With a strong leadership team and talented employee base, we
plan to leverage InfoLogix's expertise in mobility solutions, clinical
integration services, and mobile managed services in expanding our growing
security and healthcare businesses."

"By combining InfoLogix's technologies, solutions and customer relationships
together with Stanley's suite of healthcare products and services, intellectual
property and global presence, we will be uniquely positioned in the healthcare
and mobility marketplaces," said Dave Gulian, President and CEO of InfoLogix.
"InfoLogix has enabled 2,200 healthcare and commercial organizations to make
better decisions, mobilize their data investments, and manage their systems and
supply chain. We look forward to joining with Stanley and driving accelerated
growth while extending our services globally."

The transaction, which is subject to various closing conditions, including the
filing with the Securities and Exchange Commission (SEC) of an Information
Statement on Schedule 14C and the distribution of the Information Statement to
all of InfoLogix's stockholders, is expected to close early in the first quarter
of 2011. Please refer to InfoLogix's Current Report on Form 8-K filed with the
SEC on December 15, 2010 or shortly thereafter, for information about the
transaction.

About Stanley Black & Decker, Inc.

Stanley Black & Decker, an S&P 500 company, is a diversified global provider of
hand tools, power tools and related accessories, mechanical access solutions and
electronic security solutions, engineered fastening systems, infrastructure
solutions and more. Learn more at http://www.stanleyblackanddecker.com.

About InfoLogix, Inc.

InfoLogix is a leading provider of enterprise mobility and advanced wireless
asset tracking solutions for the healthcare and commercial industries. InfoLogix
uses the industry's most advanced technologies to increase the efficiency,
accuracy, and transparency of complex business and clinical processes. With 19
issued patents, InfoLogix provides mobile managed solutions, on-demand software
applications, mobile infrastructure products, and strategic consulting services
to over 2,000 clients in North America including Kraft Foods, Merck and Company,
General Electric, Kaiser Permanente, MultiCare Health System and Stanford School
of Medicine. For more information visit http://www.infologix.com.

Cautionary Note Regarding Forward-Looking Statements

The companies make forward-looking statements in this press release which
represent their expectations or beliefs about future events and financial
performance. Forward-looking statements are identifiable by words such as
"believe," "anticipate," "expect," "intend," "plan," "will," "may" and other
similar expressions. In addition, any statements that refer to expectations,
projections or other characterizations of future events or circumstances are
forward-looking statements. Forward looking statements made in this press
release, include, but are not limited to, statements concerning: the consummation
of the acquisition; InfoLogix being well positioned to extend its reach in
healthcare and commercial markets as a result of the transaction; the ability of
Stanley Healthcare Solutions to assist clients in improving workflow,
productivity and profitability and to expand its growing security and healthcare
business; and the ability of InfoLogix, by joining Stanley, to drive accelerated
growth while extending its services globally.

You are cautioned not to place undue reliance on these forward-looking
statements. These forward-looking statements are not guarantees of future events
and involve risks, uncertainties and other known and unknown factors that may
cause actual results and performance to be materially different from any future
results of performance expressed or implied by such forward-looking statements,
including, but not limited to, factors such as: the failure to consummate, or a
delay in the consummation of, the transaction for various reasons; the delay,
difficulty or failure to successfully integrate InfoLogix with Stanley; and the
inability to effectively manage the expanded operations of Stanley Healthcare
Solutions following the transaction.

Forward-looking statements made herein are also subject to risks and
uncertainties, described in: Stanley's 2009 Annual Report on Form 10-K, its
Quarterly Report on Form 10-Q for the quarter ended April 3, 2010; and
InfoLogix's Annual Report on Form 10-K for the period ended December 31, 2009,
its quarterly report on Form 10-Q for the period ended September 30, 2010; and
other filings the companies make with the SEC. In addition, actual results could
differ materially from those suggested by the forward-looking statements, and
therefore you should not place undue reliance on the forward-looking statements.
Neither of the companies makes any commitment to revise or update any
forward-looking statements to reflect events or circumstances occurring or
existing after the date of any forward-looking statement is made.

Additional Information

In connection with the merger, InfoLogix will prepare an Information Statement to
be filed with the SEC that will provide additional important information
concerning the merger. When completed, a definitive Information Statement will be
mailed to the stockholders of the Company. The Company's stockholders will be
able to obtain, without charge, a copy of the Information Statement (when
available) and other relevant documents filed with the SEC from the SEC's website
at http://www.sec.gov. The Company's stockholders will also be able to obtain,
without charge, a copy of the information statement and the other documents
related to the merger (when available) upon written request to InfoLogix, Inc.,
101 E. County Line Road, Hatboro, Pennsylvania 19040 or by calling (215) 604-0691
or from the Company's website, http://www.infologix.com.

SOURCE: Stanley Black & Decker, Inc.

Stanley Black & Decker Contacts:
Kate W. Vanek, 860-827-3833
Director, Investor Relations
kate.vanek@swkbdk.com
or
Tim Perra, 860-826-3260
Director, Global Communications & Community Relations
tim.perra@swkbdk.com
or
InfoLogix Contacts:
Jay Roberts, 215-604-0691 x1102
Chief Financial Officer
jroberts@infologix.com
or
Jason Fradin, 215-604-0691 x1194
Vice President of Marketing & Communications
jfradin@infologix.com

๐Ÿ‘๏ธ0
GlassCrasher GlassCrasher 13 years ago
Bounce time!
๐Ÿ‘๏ธ0
rstar rstar 13 years ago
2.50 break....
๐Ÿ‘๏ธ0
Globaltrnr Globaltrnr 13 years ago
HATBORO, Pa., October 21, 2010 /PRNewswire-FirstCall/ -- InfoLogix, Inc. (Pink Sheets: IFLG), a leading technology provider of enterprise mobility solutions for the healthcare and commercial industries, today announced that, on October 21, 2010, it received notice that the NASDAQ Listing Qualifications Panel (the โ€œPanelโ€) has determined to delist the Companyโ€™s common stock from The NASDAQ Stock Market and will suspend trading of the common stock effective with the open of trading on October 21, 2010, as a result of the Companyโ€™s noncompliance with the minimum $2.5 million stockholdersโ€™ equity requirement, set forth in Nasdaq Listing Rule 5550(b)(2).
๐Ÿ‘๏ธ0
CHA$E CHA$E 14 years ago
Volume INTERESTING here today...

grabbing all the 4.3zzzzzzzzz

enjoy the hold

;)

๐Ÿ‘๏ธ0
Juice1050 Juice1050 14 years ago
Any thoughts on this:

๐Ÿ‘๏ธ0
Beazy Beazy 14 years ago
Could be...
๐Ÿ‘๏ธ0
Juice1050 Juice1050 14 years ago
If you look at the 30min chart that white candle looks very familiar!! Could be the start...
๐Ÿ‘๏ธ0
Beazy Beazy 14 years ago
I'm waiting for it...lol
๐Ÿ‘๏ธ0
Juice1050 Juice1050 14 years ago
This is going to breakout very soon!!
๐Ÿ‘๏ธ0
Beazy Beazy 14 years ago
:)
๐Ÿ‘๏ธ0
moneytome moneytome 14 years ago
Earning Report could come out today or very soon! Watch carefully!
๐Ÿ‘๏ธ0
Beazy Beazy 14 years ago
That's a hefty chunk Sir! Well the bollies are getting tight and everytime the chart settles down and levels off we seem to have a good pop >>> another could happen soon if history repeats itself >>> need to find some new eyes on this one
๐Ÿ‘๏ธ0
Juice1050 Juice1050 14 years ago
I picked up $20K today. What are your thoughts on this stock? You think it is getting ready to pop again?
๐Ÿ‘๏ธ0
Beazy Beazy 14 years ago
Hmm...the calm before the storm?
๐Ÿ‘๏ธ0
IIIverson IIIverson 14 years ago
exactly!!!! ITS SO DAMN QUIET HERE... thats a good thing. Everyone will be here soon, Load up!
๐Ÿ‘๏ธ0
Beazy Beazy 14 years ago
Hello??

๐Ÿ‘๏ธ0
Beazy Beazy 14 years ago
Next move up coming.....
๐Ÿ‘๏ธ0
Beazy Beazy 14 years ago
Absolutely >>> not to mention a BEAUTIFUL chart!!
๐Ÿ‘๏ธ0
CHA$E CHA$E 14 years ago
This Choo-Choo has ALL the locomotives...
backed-up, stacked-up & racked-up...
that loooong vertical climb will need the power,
many more info-like Co.s WILL sure to follow.

Their Patent Portfolio is HUUUUUGE!

enjoy

;)
๐Ÿ‘๏ธ0
Beazy Beazy 14 years ago
Coming to a point here...watch for the next $5 breakout and runnnnnn
๐Ÿ‘๏ธ0
CHA$E CHA$E 14 years ago
Grabbed 5zzzzzzzzzz.....

and will not shake until the great 8zzzzzz

enjoy this hold, I like this one alot

;)
๐Ÿ‘๏ธ0
alhigou alhigou 14 years ago
The buy rating for IFLG is set to 5 with the $13.11 target price in short term.

check here:
'http://www.9trading.com/index.php?symbol=iflg'
๐Ÿ‘๏ธ0
mlkrborn mlkrborn 14 years ago
New accountant in place; Still strategic soul searching in place for it; had R/S =1 for 25 early part of the year..Something fishy and short pricks getting pounded here it seems.
๐Ÿ‘๏ธ0
mlkrborn mlkrborn 14 years ago
New accountant in place; Still strategic soul searching in place for it; had R/S =1 for 25 early part of the year..Something fishy and short pricks getting pounded here it seems.
๐Ÿ‘๏ธ0
GOIG 2011 GOIG 2011 14 years ago
My 4.34's look great right now.
๐Ÿ‘๏ธ0
Beazy Beazy 14 years ago
Best chart ever!
๐Ÿ‘๏ธ0
GOIG 2011 GOIG 2011 14 years ago
Any thoughts on the current state of the PPS? I just loaded some at 4.34 today.
๐Ÿ‘๏ธ0
CHA$E CHA$E 14 years ago
My 5.70's just might turn into 10.70's S'OO'N...(?)

Enjoy this hold

more to come, I'm sure of that!!!???

;)
๐Ÿ‘๏ธ0
DenverBruin DenverBruin 14 years ago
Alright I am short 2k shares at 6.16 average, sorry for the longs but this thing looks like a huge POS.
๐Ÿ‘๏ธ0
DenverBruin DenverBruin 14 years ago
Is anybody shorting this? I know it's somewhat taboo on IHUB... this company just seems like a fundamental turd right now and today made it look worse.
๐Ÿ‘๏ธ0
Marketwise Marketwise 14 years ago
Disregard previous post; looking to buy around the 4.35 area...lol
๐Ÿ‘๏ธ0
Marketwise Marketwise 14 years ago
I see possible move to 7.25 area near term, therefore looking to buy some here around the 6.05 to 6.25 area...lol
๐Ÿ‘๏ธ0
mlkrborn mlkrborn 14 years ago
IFLG: 5.85 something manipulated here it seems..pulled back!
๐Ÿ‘๏ธ0
mlkrborn mlkrborn 14 years ago
RED FLG! InfoLogix Inc. said in a filing with the Securities and Exchange Commission on Wednesday that McGladrey & Pullen LLP resigned as its independent registered public accounting firm on June 10.

The Horsham, Pa., company said McGladrey & Pullenโ€™s report on its financial statements for 2008 and 2009 didnโ€™t contain an adverse opinion or disclaimer of opinion and wasnโ€™t qualified or modified as to uncertainty, audit scope or accounting principles. The report did, however, say there was uncertainty about InfoLogixโ€™s ability to continue as a going concern.

InfoLogix (NASDAQ:IFLG) said it hasnโ€™t had any disagreements with McGladrey & Pullen from 2008 through Wednesday that it would have had to reference in its filing. But it said that in McGladrey & Pullenโ€™s audit of its financial statements for 2009, the firm identified deficiencies in internal control that constitute a material weakness, which relates to how it accounts for a transaction with its senior lender.

InfoLogix said it has taken and continues to take steps to remediate the deficiencies.

Earlier this week, the companyโ€™s share price shot up on rumors of an impending sale of the company and then retreated from those highs. Shares closed 20 percent higher on Thursday at $6.25.

InfoLogix provides health-care organizations and commercial businesses with products and services that help them use mobile technology to improve their operations.

Peter Key covers education, technology, utilities and venture capital for the Philadelphia Business Journal. Read his blog postings here.

Read more: InfoLogix accounting firm McGladrey & Pullen resigns - Philadelphia Business Journal
๐Ÿ‘๏ธ0
MONEYMADE MONEYMADE 14 years ago
Incredible display of power here!!!! 6.5M vol
๐Ÿ‘๏ธ0
Doc Holliday Doc Holliday 14 years ago
Setting up for tomorrow. Weeeeeeeeeeeeeeeeeeee
๐Ÿ‘๏ธ0
MONEYMADE MONEYMADE 14 years ago
Weeeeeeeee! Let it go already! 4x's the float already!
๐Ÿ‘๏ธ0
Doc Holliday Doc Holliday 14 years ago
Nice.
๐Ÿ‘๏ธ0
MONEYMADE MONEYMADE 14 years ago
Are you watching this LOL!
๐Ÿ‘๏ธ0
MONEYMADE MONEYMADE 14 years ago
Looking good here...intraday pullback reload
๐Ÿ‘๏ธ0
Marketwise Marketwise 14 years ago
Looking to buy around the 4.60 area and then watch pps closely...
๐Ÿ‘๏ธ0
glassy glassy 14 years ago
am back in at 7.20 here and looking for 7.50 or possibly more.....
๐Ÿ‘๏ธ0
conix conix 14 years ago
IFLG chart, glassy


๐Ÿ‘๏ธ0
mlkrborn mlkrborn 14 years ago
7.66
๐Ÿ‘๏ธ0
wesley_ wesley_ 14 years ago
$8.00 there she goes... :)
๐Ÿ‘๏ธ0
glassy glassy 14 years ago
IFLG-going to have a NICE day again! PM looking GOOD
๐Ÿ‘๏ธ0
wesley_ wesley_ 14 years ago
nice glassy! much appreciated!
๐Ÿ‘๏ธ0
wesley_ wesley_ 14 years ago
yeah... awesome!
๐Ÿ‘๏ธ0

Your Recent History

Delayed Upgrade Clock