Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • proper noun A taxonomic genus within the tribe Pterostichini — several carabid beetles.

Etymologies

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Examples

  • Tabula's Mr. Segers says it is initially targeting FPGAs that cost $1,000 or more; his company expects to handle comparable tasks with a chip dubbed Abax, which is priced at $150 and is expected to be shipped in sample quantities in the third quarter.

    Start-Ups Add Third Dimension to Chips

  • Fushi Copperweld announced that its Board of Directors has received a proposal Chairman and Chief Executive Officer, Mr. Li Fu and Abax to acquire all of the outstanding shares of common stock of Fushi not currently owned by Mr. Fu and his affiliates in a going private transaction for $11.50 per share in cash, subject to certain conditions.

    OpenTable Investors Eat Well

  • Mr. Yang and Abax Global Capital, which collectively own about 40.7% of its shares, first disclosed their offer in October.

    Harbin Signs Pact for Sale to CEO

  • Earlier this month Chief Executive Tianfu Yang and Abax Global Capital, which collectively own about 40.7% of its shares, reiterated their interest in acquiring the rest of the company for $24 a share, an offer that was first disclosed in October.

    Chinese Firm Denies Short-Seller Allegations

  • Several such deals have already been hatched, including one by Bain Capital to spend $100 million taking private NASDAQ-listed China Fire & Security Group; two deals orchestrated by Hong Kong-based Abax Capital, the planned buyouts of NASDAQ-listed Harbin Electric and Fushi Copperweld for more than $700 million; and Fortress Group's financing to take Funtalk Holdings' private.

    Cease and Desist on Delist-Relist

  • Harbin Electric's stock is trading at a discount of about 25% to Abax's proposed buyout price, indicating investor concerns that the deal might not happen.

    Stung, Chinese Firms Now Look to Go Private

  • Existing shareholders are sometimes dissatisfied with the prices they are offered and investor lawsuits are common, says Donald Yang , chief investment officer at Abax Global Capital, a hedge fund that is helping two Chinese companies go private.

    Stung, Chinese Firms Now Look to Go Private

  • Mr. Left has specifically made that allegation against Nasdaq-listed Harbin Electric Inc., which makes electric motors, and is pursuing plans to go private with the help of Abax Global Capital.

    Stung, Chinese Firms Now Look to Go Private

  • "The Special Committee noted that while the revised proposal is higher than the $9.25 per share proposal previously submitted by Mr. Fu and Abax, it is lower than the $11.50 per share proposal initially submitted by Mr. Fu and Abax," the statement said.

    Fushi Copperweld Considers Bid

  • BEIJING—The board of directors of Fushi Copperweld Inc. is considering a bid to take the wire company company private by its chairman and co-chief executive, Li Fu , in conjunction with Abax Global Capital and TPG Growth Asia.

    Fushi Copperweld Considers Bid

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