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Canada Business News and Press Releases
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(EMAILWIRE.COM, July 20, 2010 ) Windsor, Ontario - Microcapmarkets.com, an online financial publication, provides investors timely stock market alerts. If you are interested in penny stocks that are poised to breakout sign up for our free penny stock newsletter. Each day we send out alerts on different hot penny stock picks. For more free stock market information come visit http://www.microcapmarkets.com
ATC Technology Corp. (ATC) said Monday it has agreed to be acquired by privately held Genco Distribution System Inc. for $512.6 million in cash. ATC, an engineering and supply chain logistics firm firm based in Downers Grove, said the boards of ATC and Genco have approved the deal. Shareholders still need to approve the acquisition. The deal would make ATC a subsidiary of Genco, a logistics services company based in Pittsburgh. The deal calls for ATC shareholders to get $25 per outstanding share, a 43 percent premium over the company's closing price on Friday. ATCÂ’s shares traded at $24.31 in early trading up nearly forty percent.
Cypress Bioscience (CYPB) rallied on news that one of its largest investors has bid $154 million for the small-cap biotech firm. Shares of Cypress zoomed up almost 40% to $3.41. Earlier Monday, Cypress said it was evaluating a $4 a share offer from hedge fund Ramius, a bid that represents an almost 60% premium over Cypress' closing price on July 16. Ramius already owns nearly 10% of Cypress. Shares responded in early trading up 32 percent on massive volume.
Microcapmarkets.com alerts its members on any stocks from penny stocks to NYSE stocks. Our stock message boards offers free penny stock trading videos, trading software and broker reviews to our members. Our investing forum has discussions on hot penny stocks to long term investments. All the penny stocks that we alert on have above average trading volume, strong news and penny stocks that are moving to the upside quickly. Our otcbb newsletter is great for investors who are starting in the stock market and want a place for information. If you are interest in seeing microcap stocks and want free penny stock picks come visit microcapmarkets.com for a free membership. We also track pink sheet companies and other stocks that may be positioned to break out in our stock market forum. Microcapmarkets is not a registered investment advisor or broker-dealer. Please do your own Due Diligence before investing in any of the stocks mentioned above. If you are an small cap ir firm and want your company profiles please email us at the email below.
Microcapmarkets
Michael Ryan
877-301-9737
staff@microcapmarkets.com 
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