News

USA Springs auction remains on schedule

USA Springs assets are up for auction again, with the same Sept. 14 bid deadline and the same scheduled Sept. 28 auction date. On Aug. 16, the U.S. Bankruptcy Court said the would continue on the same schedule that was…

Presstek to be acquired by private equity firm

Presstek Inc. is being acquired by an affiliate of private equity firm American Industrial Partners for 50 cents a share, the two companies announced Thursday. What AIP will do with the struggling Connecticut-based printing equipment manufacturer -- whose major production…

iCAD issues 1-to-5 reverse split

In the wake of a disappointing earnings release, iCAD issued a one-to-five reverse split Wednesday after trading hours to avoid being delisted from the NASDAQ exchange. The Nashua-based medical imaging company made the expected announcement 10 days before NASDAQ would…