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** Oaktree Capital Management, L.P. reported that certain funds and accounts that it manages have made a proposal to acquire all outstanding shares of JAKK`s common stock for $20.00 per share in cash, representing a total equity value of approximately $670 million on a fully diluted basis.
JAKK is a leading designer and marketer of toys and consumer products, with a wide range of products that feature some of the most popular brands and children`s toy licenses in the world.
More about JAKK at www.jakks.com ***********************
ARAY, Accuray Incorporated ** ARAY reported that total revenue for the quarter ended June 30, 2011 is expected to be between $73 to $75 million, compared to total revenue of $61.4 million during the same period the prior year.
ARAY will report results for its fourth quarter and fiscal year 2011, ended June 30, 2011 on Monday, September 19, 2011 after the market closes.
More about ARAY at www.accuray.com.
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CPST, Capstone Turbine Corp.
** CPST reported that Rustam Minnikhanov, President of Tatarstan – one of the most economically developed regions of Russia – declared Tatarstans oil companies and specifically Tatneft will be deploying Capstone microturbines and Capstone Organic Rankin Cycle machines for associated gas to energy projects.
CPST is the world`s leading producer of low-emission microturbine systems, and was the first to market commercially viable microturbine energy products.
More about CPST at www.capstoneturbine.com **************************
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