Mergers and Acquisitions

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OFI Income Fund To Be Acquired By CertainTeed Insulation

OFI Income Fund (TSX: OFB.UN), a producer of fibreglass insulation products, today announced that the Fund and Fibreglass Holdings Inc. have entered into a definitive agreement with CertainTeed Insulation Canada, Inc., pursuant to which CertainTeed will acquire all of the operating assets of the Fund, by becoming an owner of all the outstanding shares of OFI GP Inc., the general partner of OFI LP, and all of the outstanding limited partnership units of OFI LP.

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Otelco To Finance Acquisition Of Country Road Communications

Otelco Inc. (NASDAQ: OTT; TSX: OTT.un) today announced it has entered into an amended and restated credit agreement. Substantially all of the net proceeds from the amended credit agreement will be used to finance the acquisition of the three subsidiaries of Country Road Communications LLC announced on August 7, 2008. These three subsidiaries - Pine Tree Holdings, Inc., Granby Holdings, Inc. and War Holdings, Inc. - serve locations in Maine, Massachusetts and West Virginia, respectively.

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NRG Energy, Inc. Confirms Exelon Proposal

NRG Energy, Inc. (NYSE: NRG) today confirmed that it has received an unsolicited proposal from Exelon Corporation (NYSE: EXC) to acquire all of the outstanding shares of NRG Energy at a fixed exchange ratio of 0.485 Exelon shares for each NRG common share.

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Helio Acquires Strategic Licence Adjacent To SMP Gold Project

Helio Resource Corp. (TSX-V: HRC) is pleased to report that it has signed a binding Letter of Intent with Thorntree Minerals Limited, a private Tanzanian mining company, whereby Helio can earn a 100% interest, subject to a 2% Royalty, in the 34km(2) Saza West licence, located immediately west of Helio's SMP Gold Project in the Lupa Goldfields, SW Tanzania.

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Medworxx Cancels HealthCast Acquisition

Medworxx Solutions Inc., (TSX-V: MWX), the makers of a strategic software platform that hospitals use to communicate, aggregate, and analyze knowledge, announced that it is no longer planning to acquire HealthCast Inc. of Boise, Idaho.

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Orbit Garant Drilling Acquires Forage

Orbit Garant Drilling Inc. (TSX: OGD) today announced the acquisition of Forage+. Under terms of the transaction, Orbit Garant has purchased all of the issued and outstanding shares of 9129-5632 Quebec Inc., doing business as Forage+, a specialized drilling company operating seven drilling rigs.

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Lounor Acquires Tiger Gold Property

LOUNOR EXPLORATION INC. is pleased to announce the acquisition of 24 Mineral Claims in Harker Township in the Cochrane mining distinct, province of Ontario.

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Keyera To Acquire Gas Gathering, Processing Facilities

Keyera Facilities Income Fund (TSX:KEY.UN; KEY.DB) announced today that it has agreed to acquire an additional 40 percent ownership interest in the Keyera Brazeau River gas plant and a 100 percent ownership interest in the Nevis gas plant, a 150 million cubic foot per day sour gas plant, located in central Alberta. In addition to these plant interests, Keyera is also acquiring extensive gathering pipeline systems and compression at both facilities.

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Gerber Scientific To Acquire Virtek Vision International

Gerber Scientific, Inc. (NYSE: GRB) reaffirms its offer to acquire, through a wholly owned Canadian subsidiary, all of the outstanding shares of Virtek Vision International, Inc. (TSX: VRK), a leading provider of high value industrial laser solutions, for C$1.05 per share in cash.

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Jaguar To Acquire Shares Of Royal Laser

Jaguar Financial Corporation (TSX: JFC) announced it has extended the expiry date and time of its offer to acquire up to 31,620,495 of the issued common shares of Royal Laser Corp. not already owned by Jaguar to 5:00 p.m. on Friday, November 7, 2008.

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Coastal Contacts Signs Partnership With European Lasik Chain

Coastal Contacts Inc. (TSX:COA) today announced its wholly owned European subsidiary, Lensway AB, has signed a exclusive partnership agreement with Memira, the number one provider of laser vision correction in Scandinavia.

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Bellamont Exploration Acquires Peace River Arch Property

Bellamont Exploration Ltd. (TSXV:BMX.A) (TSXV:BMX.B) is pleased to announce that it has closed an agreement to acquire land and production of 50 boe/d in its core area of the Peace River Arch region of Alberta for $2.5 million.

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