Raytheon Company (NYSE: RTN) announced today that it has completed its acquisition of BBN Technologies, a world leader in research and development, and provider of critical solutions for national defense and security missions. The purchase price is approximately $350 million, subject to post-closing adjustments. The transaction will not materially impact Raytheon's sales or earnings per share for the fourth quarter of 2009, and is expected to be accretive in 2010.
SignalDemand and Informa Economics today announced they have formed a strategic global alliance. Through this alliance, SignalDemand and Informa Economics will bring to market products, services, and business solutions that support better decision making within the global food industry.
KAYAK, the world's leading travel search engine, posted the following analysis of travel search data from KAYAK sites regarding travel around Halloween.
"We wondered whether KAYAK Trends data could shed some light on whether people are afraid to fly on Halloween and whether you could save money when other people are scared?" said Giorgos Zacharia, KAYAK's Chief Scientist.