Small Business Resources, Business Advice and Forms from AllBusiness.com

Bankruptcies/M&As/Real Estate/Insider Trading

By Anonymous
Publication: NJBIZ
Date: Monday, June 19 2006

Bankruptcies

Bankruptcy listings are obtained from federal courthouse records and organized by the office in which they were filed.

CAMDEN

Master Linen LLC

458 Morris Street, Woodbury 08096

Chapter 11, filed 6/8/06

Case number: 06-15147-JHW

Safeway Trails

& Tours, LLC

3398 S. Blackhorse Pike, Williamstown 08094

Chapter 7, filed 6/8/06

Case number: 06-15139-GMB

TRENTON

Blaze Digital Printing Services, LLC

Burlington County Business Center

140 Mt. Holly By Pass, Number 5

Lumberton 08048

Chapter 11, filed 6/02/06

Case number: 06-14957-RTL

Club Cool, Inc

103 13th Street, Toms River 08753

Chapter 11, filed 6/5/06

Case number: 06-14990-RTL

Mergers and Acquisitions

Mergers ? Acquisition data were supplied by www.mergerstatcom (indicated by ") and Thomson Financial (973) 622-3 WO. (** Indicates information was provided by both.)

Date Announced: 5/31/06

Buyer NSI Software

City/State: Hoboken

Seller: Sunbelt System Software

City/State: Rueil-Malmaison, France

Price: not available*

Date Announced: 5/31/06

Buyer: Covance

City/State: Princeton

Seller: Signet Laboratories

City/State: Dedham, Mass.

Price: $8.95 million

Percent Sought: 100**

Date Announced: 6/2/06

Buyer: Siemens

City/State: Munich, Germany

Seller: Advanced Burner Technologies

City/State: Pluckemin

Price: not available**

Date Announced: 6/2/06

Buyer WR Grace & Co.

City/State: Boca Raton, Fla.

Seller: Bassel USA

Unit Sold: custom catalyst manufacturing assets

City/State: Edison

Price: not available

Percent Sought: 100

Date Announced: 6/5/06

Buyer: Unity Life of Canada

City/State: Toronto, Canada

Seller: Prudential Financial

Unit Sold: Prudential Insurance Co. of America, Canadian life and health business

City/State: Newark

Price: not available*

Real Estate Transactions

Real estate transaction listings are provided by brokers and their representatives. NIBIZ welcomes your firm's listings, which should include the names of the buyer and seller or les see and lessor; the square footage or acreage; the address of the property; the date of the deal; and the brokers representing each party. For sales transactions, please include the price. Send all transaction information to ftr@njbiz.com with "real estate" in the subject line.

NORTH

Powerhouse Christian Church leased 20,000 sq. ft. of warehouse/office space at 500 West Main Street in Wyckoff from an undisclosed landlord. The Van Houten Group represented the tenant.

Scientific Imaging Center Management leased 3,600 sq. ft. at Overlook at Great Notch at 150 Clove Road in Little Falls from an undisclosed landlord. Cushman & Wakefield represented the tenant.

Omnipoint Communications leased 48,875 square feet at 4 Campus Drive at Mack-Cali Business Campus in Parsippany. Rosenhaus Realty represented the tenant. Mack-Cali represented itself.

East Coast Logistics renewed its lease of 223,000 sq. ft of industrial space at 202 Port Jersey Boulevard in Jersey City from RREEF. CB Richard Ellis represented both parties.

ADF Companies leased 10,647 sq. ft. of office space at 350 Passaic Avenue in Fairfield from V&R Partnership LR Colliers Houston represented the landlord. CB Richard Ellis represented the landlord.

CENTRAL

Plymovent Corporation leased 28,337 sq. ft. of industrial space at 115 Melrich Road in South Brunswick from Melbroad Realty. CB Richard Ellis represented the landlord.

RadPharm leased 43,486 sq. ft. at Princeton Overlook in Princeton. Mack-Cali Realty represented the tenant.

Hampshire Companies purchased 185,140 sq. ft. of industrial space at 1 Wiley Drive in East Brunswick for an undisclosed amount from an undisclosed seller. CB Richard Ellis represented both parties.

Insider Trading

Insider Trading reports on the stock transactions reported to the securities and Exchange Commission by officers, directors and major shareholders in New Jersey public companies. These data were compiled by Thomson Financial and are listed in order of transaction value.

CAMPBELL SOUP (CPB)

John Van Beuren, beneficial owner, sold 298,500 shares of common from $34.66 to $35.41 each from May 31 to June 1 in a transaction worth $10,463,840 and now indrectly holds 20,831,300 shares.

CAMPBELL SOUP (CPB)

Hope Van Beuren, beneficial owner, sold 201,500 shares of common from $34.66 to $35.41 each from May 31 to June 1 in a transaction worth $7,063,530 and now indrectly holds 20,831,300 shares.

AUTOMATIC DATA PROCESSING (ADP)

Arthur F. Weinbach, CEO, sold 90,000 shares of common at $45.20 each on June 1 in a transaction worth $4,068,432 and now directly holds 569,638 shares.

PUBLIC SERVICE ENTERPRISE GROUP (PEG)

Frank Cassidy, officer, sold 50,000 shares of common at $65.77 each on June 3 in a transaction worth $3,288,430 and now directly holds 40,536 shares.

PUBLIC SERVICE ENTERPRISE GROUP (PEG)

Thomas O'Flynn, CFO, sold 50,000 shares of common at $63.66 each on June 2 in a transaction worth $3,182,890 and now directly holds 79,965 shares.

PUBLIC SERVICE ENTERPRISE GROUP (PEG)

E. James Ferland, CEO, sold 50,000 shares of common at $63.66 each on June 2 in a transaction worth $3,182,890 and now directly holds 432,001 shares.

BECTON, DICKINSON & CO. (BDX)

William A. Kozy, officer, sold 46,592 shares of common at $60.96 each on June 2 in a transaction worth $2,840,248 and now directly holds 72,193 shares.

CHILDREN'S PLACE RETAIL STORES (PLCE)

Neal Goldberg, president, sold 38,750 shares of common at $60.23 each on June 6 in a transaction worth $2,333,913 and now directly holds 50,000 shares.

PUBLIC SERVICE ENTERPRISE GROUP (PEG)

Frank Cassidy, officer, exercised an option for 50,000 shares of common at $46.06 each on June 3 in a transaction worth $2,303,125.

PUBLIC SERVICE ENTERPRISE GROUP (PEG)

Thomas O'Flynn, CFO, exercised an option for 50,000 shares of common at $45.85 each on June 2 in a transaction worth $2,292,500.

RUDOLPH TECHNOLOGIES (RTEC)

Jeffrey O'Dell, director, sold 115,000 shares of common from $16.33 to $17.93 each on June 2 in a transaction worth $1,923,132 and now indrectly holds 22,924 shares.

PUBLIC SERVICE ENTERPRISE GROUP (PEG)

E. James Ferland, CEO, exercised an option for 50,000 shares of common from $31.43 to $33.13 each on June 2 in a transaction worth $1,627,999.

BECTON, DICKINSON & CO. (BDX)

William A. Kozy, officer, exercised an option for 49,592 shares of common at $29.34 each on June 2 in a transaction worth $1,455,029.

CHILDREN'S PLACE RETAIL STORES (PLCE)

Neal Goldberg, president, exercised an option for 38,750 shares of common from $27.65 to $40.65 each on June 6 in a transaction worth $1,430,400.

CHURCH & DWIGHT (CHD)

Dwight C. Minton, director, sold 30,000 shares of common from $36.05 to $36.48 each on June 2 in a transaction worth $1,087,759 and now indrectly holds 283,723 shares.

SL INDUSTRIES (SLI)

Steel Partners II, beneficial owner, purchased 60,700 shares of common from $15.50 to $15.70 each from May 31 to June 2 in a transaction worth $947,885 and now indrectly holds 1,586,650 shares.

GREAT ATLANTIC & PACIFIC TEA CO. (GAP)

John E. Metzger, officer, sold 36,662 shares of common from $25.40 to $25.49 each on June 3 in a transaction worth $932,299 and now directly holds 1,500 shares.

MACK-CALI REALTY (CLI)

David S. Mack, director, sold 15,000 shares of common from $45.20 to $45.35 each from June 6 to June 7 in a transaction worth $678,600 and now indrectly holds 17,500 shares.

MOVADO GROUP (MOV)

Efraim Grinberg, CEO, exercised an option for 75,000 shares of common at $6.53 each on June 6 in a transaction worth $489,750.

EMERSON RADIO (MSN)

Grande Holdings, shareholder, purchased 127,800 shares of common from $3.40 to $3.44 each from June 2 to June 7 in a transaction worth $437,462 and now indrectly holds 11,288,700 shares.

AVAYA (AV)

Carry K. Mcguire, officer, sold 34,000 shares of common at $11.69 each on June 2 in a transaction worth $397,627 and now directly holds 166,591 shares.

GREAT ATLANTIC & PACIFIC TEA CO. (GAP)

John E. Metzger, officer, exercised an option for 36,662 shares of common from $7.16 to $14.18 each on June 3 in a transaction worth $342,373.

MOVADO GROUP (MOV)

Eugene J. Karpovich, CFO, sold 14,000 shares of common at $22.50 each on June 7 in a transaction worth $315,000 and now directly holds 17,070 shares.

AVAYA (AV)

David J. Johnson, officer, sold 21,181 shares of common at $11.70 each on June 2 in a transaction worth $247,818 and now directly holds 56,914 shares.

AVAYA (AV)

Pamela F. Craven, general counsel, sold 15,000 shares of common at $11.70 each on June 2 in a transaction worth $175,500 and now directly holds 146,610 shares.

GREAT ATLANTIC & PACIFIC TEA CO. (GAP)

William J. Moss, officer and treasurer, sold 6,637 shares of common at $25.30 each on June 2 in a transaction worth $167,916 and now directly holds shares.

J & J SNACK FOODS (JJSF)

Daniel Fachner, officer, sold 5,000 shares of common at $32.16 each on June 1 in a transaction worth $160,810 and now directly holds 31,099 shares.

YARDVILLE NATIONAL BANCORP (YANB)

Eugene C. McCarthy, officer, sold 4,200 shares of common from $36.45 to $38.00 each from June 1 to June 3 in a transaction worth $156,340 and now directly holds 619 shares.

MOVADO GROUP (MOV)

Eugene J. Karpovich, CFO, exercised an option for 14,000 shares of common from $4.25 to $13.25 each on June 7 in a transaction worth $136,750.

AVAYA (AV)

Carry K. Mcguire, officer, exercised an option for 34,000 shares of common at $3.00 each on June 2 in a transaction worth $102,000.

INFOCROSSING (IFOX)

Michael L. Wilczak, officer, sold 9,030 shares of common at $11.05 each on June 1 in a transaction worth $99,800 and now directly holds 5,970 shares.

INFOCROSSING (IFOX)

Michael L. Wilczak, officer, exercised an option for 9,030 shares of common at $8.24 each on June 1 in a transaction worth $74,421.

GREAT ATLANTIC & PACIFIC TEA CO. (GAP)

Brenda M. Galgano, officer, exercised an option for 15,486 shares of common from $3.63 to $6.32 each on June 3 in a transaction worth $64,715.

YARDVlLLE NATIONAL BANCORP (YANB)

Eugene C. McCarthy, officer, exercised an option for 4,200 shares of common at $13.88 each from June 1 to June 3 in a transaction worth $58,275.

INFOCROSSING (IFOX)

Zach Lonstein, CEO, purchased 5,000 shares of common at $10.90 each on June 8 in a transaction worth $54,500 and now directly holds 2,730,300 shares.

CHURCH & DWIGHT (CHD)

John O Whitney, director, sold 1,300 shares of common from $35.55 to $35.57 each on June 6 in a transaction worth $46,230 and now directly holds 9,336 shares.

AVAYA (AV)

Pamela E Craven, general counsel, exercised an option for 15,000 shares of common at $3.00 each on June 2 in a transaction worth $45,000.

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