Latest Telular Corp. (WRLS) Headlines Alarm.com
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Alarm.com and iControl Networks Settle Patent Disputes, Announce Cross-Licensing Agreement
PR Newswire - Tue Jan 14, 1:00PM CST
Cross-License Covers Broad Connected Home Patent Portfolio for Customers
Court Dismisses Alarm.com Lawsuit Against Telular
GlobeNewswire - Tue Jan 14, 8:00AM CST
Telular Corporation today announced the dismissal, with prejudice, of the previously announced lawsuit brought against it by Alarm.com. The lawsuit alleged that Telguard, a division of Telular and a leader in cellular alarm communications and interactive services, was infringing on patents through the delivery of Telguard HomeControl and Telguard Interactive services. The final disposition of this matter ensures that Telguard will be able to continue bringing to market its recently announced HomeControl suite of advanced home automation solutions.
Telular Corporation Appoints Doug Milner Chief Executive Officer
GlobeNewswire - Wed Jul 17, 10:09AM CDT
Telular Corporation, a global leader in helping businesses use wireless networks for remote monitoring and tracking, today announced that it has appointed Doug Milner as Chief Executive Officer. Mr. Milner will join Telular on August 7, 2013, at which time the current Interim CEO, Allen Yurko, will transition to Chairman of Telular. Mr. Milner will also serve on the Board of Directors of Telular.
IP-Based Security Pioneer Named CEO OF 3xLOGIC, Inc.
Business Wire - Wed Jul 10, 9:04AM CDT
3xLOGIC, Inc., a leading provider of intelligent video surveillance solutions, announced today that Matthew Kushner has been named the Company's Chief Executive Officer (CEO).
Avista Capital Partners Completes Acquisition of Telular Corporation
PR Newswire - Mon Jun 24, 3:14PM CDT
Avista Capital Partners and Telular Corporation ("Telular") today announced that Avista Capital Partners has successfully completed its acquisition of Telular. Earlier today, Avista Capital Partners announced the completion of its tender offer for all outstanding shares of Telular common stock.
Avista Capital Partners Successfully Completes Telular Tender Offer
PR Newswire - Mon Jun 24, 9:48AM CDT
Avista Capital Partners today announced that it has successfully completed its previously announced tender offer for all outstanding shares of common stock of Telular Corporation (NASDAQ: WRLS) ("Telular") for $12.61 per share, net to the seller in cash without interest and less any applicable withholding taxes. Avista Capital Partners' acquisition of Telular is expected to close later today.
Telular Corporation and Avista Capital Partners Announce Entry Into Memorandums of Understanding, Waiver of Funding Condition and Extension of the Tender Offer
GlobeNewswire - Fri Jun 14, 4:15PM CDT
Telular Corporation (Nasdaq:WRLS) ("Telular") and Avista Capital Partners today jointly announced that they have entered into Memorandums of Understanding outlining the terms of the parties' agreement in principle to settle certain litigations pending before the Chancery Division of the Circuit Court of Cook County, Illinois, in connection with the previously announced tender offer to acquire all of the outstanding shares of common stock of Telular for $12.61 per share, net to the seller in cash without interest and less any applicable withholding taxes thereon (the "Offer"). The terms of the proposed settlement are subject to approval of the Illinois Circuit Court. Telular and the other defendants entered into the Memorandums of Understanding solely to avoid the costs, risks and uncertainties inherent in litigation and the Memorandums of Understanding contain no admission of liability or wrongdoing. Telular will file today with the SEC an amendment to its Solicitation/Recommendation Statement on Schedule 1
Avista extends tender offer to acquire Telular
M2 - Thu Jun 06, 8:13AM CDT
Avista Capital Partners said that purchaser ACP Tower Merger Sub, Inc. has extended the expiration of the tender offer to acquire all of the outstanding shares of common stock of Telular Corp. (NASDAQ: WRLS) for USD12.61 per share until June 14, 2013.
Avista Capital Partners Announces Extension of the Tender Offer to Acquire Telular
PR Newswire - Wed Jun 05, 6:10AM CDT
Avista Capital Partners today announced that ACP Tower Merger Sub, Inc. ("Purchaser") has extended the expiration of the previously announced tender offer to acquire all of the outstanding shares of common stock of Telular Corporation (NASDAQ: WRLS) ("Telular") for $12.61 per share, net to the seller in cash without interest and less any applicable withholding taxes thereon, until 12:00 midnight (New York City time) at the end of the day on Friday, June 14, 2013, unless further extended or earlier terminated. The tender offer was previously scheduled to expire at 12:00 midnight (New York City time) at the end of the day on Friday, June 7, 2013. All other terms and conditions of the tender offer remain unchanged, including, without limitation, the tender of at least two-thirds of the outstanding shares of common stock of Telular and the approval of the Federal Communications Commission.
Telular Corporation Announces End of "Go Shop" Period
GlobeNewswire - Thu May 30, 7:30AM CDT
Telular Corporation (Nasdaq:WRLS), a global leader in helping businesses use wireless networks for remote monitoring and tracking ("Telular"), today announced the expiration of the 30-day "go-shop" period pursuant to the terms of the previously announced definitive merger agreement providing for the acquisition of Telular for $12.61 per share net in cash by entities controlled by Avista Capital Partners ("Avista").
Telular Earnings Review: 18 Days after Announcement Shares Down 0.8% (WRLS)
Comtex SmarTrend(R) - Mon May 20, 11:51AM CDT
Two weeks ago on May 2nd, 2013 Telular (NASDAQ:WRLS) reported earnings and analysts, on average, expected earnings of $0.11 on sales of $24.7 million. The company actually reported EPS of $0.10 on sales of $24.8 million, missing EPS estimates by $0.01 and matching revenue estimates. Since the company's report, shares of Telular have fallen from $12.75 to $12.65, representing a loss of 0.8% in the past 18 days.
Avista Capital Partners announces commencement of tender offer for all outstanding shares of Telular at USD12.61 per share
M2 - Mon May 13, 10:26AM CDT
Private equity firm Avista Capital Partners announced on Friday that ACP Tower Merger Sub Inc has commenced its cash tender offer for all outstanding shares of common stock of Telular Corporation (Nasdaq:WRLS) at a price of USD12.61 net per share, without interest and less applicable withholding taxes thereon.
Avista Capital Partners begins purchase of Telular shares
M2 - Mon May 13, 6:22AM CDT
Avista Capital Partners said that ACP Tower Merger Sub, Inc. has commenced the cash tender offer for all outstanding shares of common stock of Telular Corp. (NASDAQ: WRLS) at a price of USD12.61 net per share, without interest and less applicable withholding taxes thereon.
Avista Capital Partners Commences Cash Tender Offer For All Outstanding Shares Of Telular Corporation
PR Newswire - Fri May 10, 4:16PM CDT
Avista Capital Partners today announced that ACP Tower Merger Sub, Inc. ("Purchaser") has commenced the previously announced cash tender offer for all outstanding shares of common stock of Telular Corporation (NASDAQ: WRLS) at a price of $12.61 net per share, without interest and less applicable withholding taxes thereon.
Rigrodsky & Long, P.A. Announces Investigation Of Telular Corporation Buyout
PR Newswire - Tue May 07, 2:03PM CDT
Rigrodsky & Long, P.A.:
Telular Corporation Reports Second Quarter 2013 Results
GlobeNewswire - Thu May 02, 3:05PM CDT
-- Company Delivers Pre-Tax Income of $3.1 Million and Adjusted EBITDA of $5.9 Million
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Telular Corporation in Connection with the Sale of the Company to Avista Capital Partners
PR Newswire - Thu May 02, 9:52AM CDT
Levi & Korsinsky is investigating the Board of Directors of Telular Corporation ("Telular" or the "Company") (NasdaqGS: WRLS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Avista Capital Partners ("Avista").
Telular INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Telular Corporation Following Announcement of Proposed Sale of Company to Avista Capital Partners
Business Wire - Tue Apr 30, 7:30PM CDT
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") announce that KSF has commenced an investigation into the Board of Directors of Telular Corporation ("Telular" or the "Company) (NASDAQ GS: WRLS) in connection with their conduct related to the sale of the Company to Avista Capital Partners. Under the terms of the proposed transaction, shareholders of Telular will receive $12.61 in cash for each share of Telular common stock that they own.
SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Telular Corporation - WRLS
PR Newswire - Tue Apr 30, 4:52PM CDT
Law Office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Telular Corporation ("Telular" or the "Company") (Nasdaq - WRLS) relating to the proposed acquisition Avista Capital Partners ("Avista").