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Bristol and Bath ranked UK's most productive technology cluster

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Bath ranked UK 's most productive technology cluster" /> Related Stories Bristol and Bath is one of the leading centres in the UK for technology businesses , according to a new report. And it’s the cluster of technology companies here is helping grow the region’s economy. That verdict comes from a Tech City UK and Nesta report published today . Nick Sturge, of director of Engine Shed, which is home to many tech companies in Bristol, thinks the study is a glowing endorement of the impact the sector is making on the region. “ Tech Nation 2016 shows that digital tech businesses are helping power the economic growth of Bristol and Bath," he said. “Our specialisms in digital advertising, cloud, gaming, software development and telecommunications are developing the cluster a nationwide reputation for digital excellence. “As digital tech businesses are now enabling disruption across a wide range of traditionally non-digital industries will ensure the continued success an...

Apollo Management L.P. Signs Agreement to Acquire Jacuzzi Brands, Inc.

NEW YORK -- Apollo Management L.P. ("Apollo") today announced that its affiliates have signed a definitive merger agreement to purchase Jacuzzi Brands , Inc. (NYSE: JJZ) in a transaction having a total value of $1.25 billion, including the assumption of $257 million of outstanding debt, net of cash. Under the terms of the merger agreement, Jacuzzi Brands shareholders will receive $12.50 per share in cash. The transaction, which is expected to close in the first quarter of 2007, will be financed through a combination of equity and debt and is subject to the customary closing conditions , including receipt of equity and debt financing, regulatory approval and approval by Jacuzzi Brands ' shareholders. The Board of Directors of Jacuzzi Brands has approved the merger agreement and has recommended to Jacuzzi Brands ' shareholders that they vote in favor of the transaction. Apollo also announced that, upon closing, Jacuzzi Brands ' water management business ("Z...

Apollo Management L.P. Signs Agreement to Acquire Jacuzzi Brands, Inc.

NEW YORK--( BUSINESS WIRE )-- Apollo Management L.P. ( “ Apollo ” ) today announced that its affiliates have signed a definitive merger agreement to purchase Jacuzzi Brands , Inc. (NYSE: JJZ) in a transaction having a total value of $1.25 billion, including the assumption of $257 million of outstanding debt, net of cash. Under the terms of the merger agreement, Jacuzzi Brands shareholders will receive $12.50 per share in cash. The transaction, which is expected to close in the first quarter of 2007, will be financed through a combination of equity and debt and is subject to the customary closing conditions , including receipt of equity and debt financing, regulatory approval and approval by Jacuzzi Brands ’ shareholders. The Board of Directors of Jacuzzi Brands has approved the merger agreement and has recommended to Jacuzzi Brands ’ shareholders that they vote in favor of the transaction. Apollo also announced that, upon closing, Jacuzzi Brands ’ water management business ( “ ...

Still Made in the USA

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Home furnishings vendors old and new continue to make products in the U.S. Bassett Furniture While domestic manufacturing's best days are clearly in the rearview mirror, there is a but detectable resurgence in American- made home furnishings . HFN spoke with some of the best-known companies--along with up-and-comers--that are helping to keep American manufacturing alive . While the business entities are unique in their offerings, philosophies and operations, they share some distinctive beliefs. Whether it's a conversation with Rob Spilman, CEO of Bassett, with a century-old tradition of making products in the U.S., or Trent Mayol, founder of year-old SmartDeco, there's a deep confidence in the quality of American-made goods. " Making products in the U.S. has a unique connotation that you truly care about the quality of your product," Mayol said. "It says that you're not willing to sacrifice quality for the sake of profit making. And Americans should t...