Early-Market Movers: SuperGen, PrivateBancorp

Stock futures were green but mostly flat ahead of resumption of corporate earnings reporting. Here are some of the early-market movers for Monday. Internet Gold - Golden Lines Ltd. (IGLD) Shares of the Israeli communications company gained 32.7% in pre-market trading after announcing its 75.3% owned subsidiary, 012 Smile.Communications Ltd agreed to acquire a 30.6% controlling interest in Israel's largest telecommunications provider Bezeq The Israel Telecommunication Corp. ION Geophysical Corp. (IO) Shares jumped 24.6% in pre-market trading Monday after announcing late last week that agreed to create a venture to BGP Inc. to provide land seismic products worldwide. BGP will pay $175 million in cash for a 51% ownership of the joint venture and a 17% interest in ION. SuperGen, Inc. (SUPG) Pharmaceutical company SuperGen announced it has entered into a collaboration agreement with GlaxoSmithKline (GSK) develop gene based Epigenetic cancer therapeutics. SuperGen shares were up 21.4% in pre-market trading. Elron Electronic Industries Ltd. (ELRN) The company announced today it has received a non-binding indication of interest from a third party for the potential acquisition of subsidiary Medingo Ltd. The indication is in the range of $150 million and $170 million. Elron shares were up 19.2% in pre-market trading. PrivateBancorp, Inc. (PV...
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Internet Gold Announces: 012 Smile.Communications to Hold Conference Call on October 27th to Discuss Acquisition of Bezeq

PETACH TIKVA, Israel, October 26 /PRNewswire-FirstCall/ -- Internet Gold - Golden Lines Ltd. (NASDAQ Global Market and TASE: IGLD), a leading Israeli communications group, invites the public to participate in a conference call of its 75.3% owned subsidiary, 012 Smile.Communications Ltd., to discuss its acquisition of the controlling stake at Bezeq The Israel Telecommunication Corp., Israel's largest telecommunications provider (TASE:BZEQ) as announced on Sunday, October 25th . The conference call has been scheduled for October 27th at 09:00 AM Eastern Daylight Time/ 15:00 Israel Daylight time. During the conference call, Mrs. Stella Handler, CEO of 012 Smile Communications will discuss the rationale and details of the transaction. Afterwards, Mrs. Stella Handler and Mr. Doron Ilan, CFO of 012 Smile Communications, will be available to answer questions.To participate, please call one of the following access numbers several minutes before the call begins: 1-866-691-3082 (TF) from within the U.S., 1-866-228-9189 (TF) from Canada, 180-921-4368 (TF) from Israel and +1-480-629-9031 from other international locations. The conference ID number is 4178680.The call will also be broadcast live through the company's Website, http://www.igld.com, and will be available there for replay during the next 30 days.About Internet GoldInternet Gold is one of Israel's leading communications groups with a major presence across all Internet-related sectors. Its 75.3% owned subsidiary, 012 Smile.Communications Ltd., is one of Israel's major Internet and international telephony service providers, and one of the largest providers of enterprise/IT integration...
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Internet Gold - Golden Lines Ltd. Announces That its 75.3% Owned Subsidiary, 012 Smile.Communications Ltd., Will Sell its Current Telecom Business to Ampal for NIS 1.2 Billion

PETACH TIKVA, Israel, November 16 /PRNewswire-FirstCall/ -- Internet Gold - Golden Lines Ltd. (NASDAQ Global Market and TASE: IGLD), a leading Israeli communications group, today announced that its 75.3% owned subsidiary, 012 Smile.Communications Ltd. has signed an agreement with a wholly owned subsidiary of Ampal-American Israel Corporation (Nasdaq: AMPL - News) to sell it 012 Smile's current telecom business for NIS 1.2 billion, or approximately $318 million. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals from the Israel Ministry of Communications and the Israel Antitrust Commissioner. Commenting on the transaction, Ms. Stella Handler, CEO of 012 Smile.Communications, said, "We are very pleased to enter into this agreement with Ampal to sell 012 Smile.Communications' business. This transaction represents an important step in finalizing our recently announced agreement to acquire the controlling stake in Bezeq The Israel Telecommunication Corp., Israel's largest telecommunications provider (TASE: BZEQ)."Mr. Shaul Elovitch, Chairman of 012 Smile.Communications and Internet Gold - Golden Lines Ltd., added, "During the past several years we have worked diligently to build 012 Smile.Communications' operations, with the result that 012 Smile has become one of Israel's leading telecommunications providers and brands. We congratulate Ampal on its decision to acquire the business of 012 Smile.Communications and on the successful conclusion of our agreement."J.P. Morga...
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