| |
Symbol |
Announced
Date |
Acquiring
Company |
Deal
Type |
Closing
Value |
Closing
Price |
Last
Price |
Volume |
Closing
Date
Profit |
Annu.
Profit |
| + |
LTXC |
11/18/2010 |
Verigy Ltd (VRGY) |
All Stock |
$422 million |
$12.51 |
$7.40 |
326,685 |
06/30/2011 |
69.04% |
141.57% |
Details of LTX – Credence Corporation
Expected to close in the second half of 2011 for a closing value of $422 million. On the completion of the merger, LTX – Credence Corporation shareholders will receive 0.96 Verigy shares or Holdco stock for each LTX-Credence share.
| + |
TLCR |
06/07/2010 |
Grifols (GRF.MC) |
Cash Plus Stock |
$3.4 billion |
$27.80 |
$23.30 |
205,953 |
03/31/2011 |
19.33% |
81.09% |
Details of Talecris
Expected to close by the end of the year for a closing value of $3.4 billion. On the completion of the merger Grifols will pay $19 in cash and 0.641 newly issued, nonvoting shares for each share of Talecris.
The ratio was increased to 0.6485 on November 4, 2010.
Update Nov 15: U.S. antitrust regulators might seek to block Grifols�s purchase of Talecris. The expected completion date has been updated to 3/31/2011.
| + |
DTG |
04/26/2010 |
Avis (CAR) |
Cash Plus Stock |
$1.56 billion |
$55.97 |
$47.26 |
254,011 |
03/31/2011 |
18.43% |
77.33% |
Details of Dollar Thrifty Automotive Group
Details about the original Hertz offer with updates below: Expected to close by the end of the year for a value of $1.3 billion. The transaction values Dollar Thrifty stock at approximately $41.00 per share. the $41.00 per share purchase price is comprised of 80% cash consideration and 20% stock consideration. The cash portion will be paid in two components; (1) a $200 million special cash dividend representing approximately $6.88 per share, to be paid by Dollar Thrifty immediately prior to the transaction closing and (2) $25.92 per share to be paid by Hertz at the closing. The stock is at a fixed exchange ratio of 0.6366 per share, based upon a Hertz common stock closing price of $12.88 per share on April 23, 2010.
Revision on 09/13/2010: Hertz raised its offer for Dollar Thrifty Automotive Group Inc. to $50 a share, or about $1.56 billion, topping a proposal from Avis Budget Group Inc.
Update 10/1/2010: Dollar Thrifty shareholders rejected the Hertz deal yesterday. DTG has indicated its willingness to work with Avis's offer of nearly $53 per share ($45.79 in cash plus 0.6543 shares of Avis) but has asked the company to hold off on making a formal offer.
| + |
NGAS |
12/27/2010 |
Magnum Hunter Resources Corp. (MHR) |
All Stock |
$98 million |
$0.61 |
$0.56 |
2,197,007 |
06/30/2011 |
8.77% |
17.99% |
Details of NGAS Resources Inc.
Expected to close by the end of this year or the first quarter of 2011 for a closing value of $98 million. On the completion of the merger, Monroe Bancorp shareholders Monroe shareholders will receive 0.0846 shares of Magnum Hunter Resources Corp. for every share held.
| + |
PNNW |
11/12/2010 |
City of Nashua (N/A) |
All Cash |
$138 million |
$29.00 |
$27.35 |
13,594 |
09/30/2011 |
6.03% |
8.16% |
Details of Pennichuk Corporation
Expected to close in the third quarter of 2011 for a closing value of $138 million. On the completion of the merger, Pennichuck shareholders will receive $29.00 per share in cash. |
| + |
HYC |
11/17/2010 |
Verifone Systems (PAY) |
All Stock |
$485 million |
$8.87 |
$8.37 |
352,957 |
09/30/2011 |
5.96% |
8.06% |
Details of Hypercom Corporation
Expected to close in the second half of 2011 for a closing value of $485 million in an all stock deal. On the completion of the merger, Hypercom shareholders will receive 0.23 shares of VeriFone stock for each Hypercom share they own. |
| + |
MROE |
10/06/2010 |
Old National Bancorp (ONB) |
All Stock |
$83.5 million |
$15.16 |
$14.37 |
70,631 |
03/31/2011 |
5.50% |
23.06% |
Details of Monroe Bancorp
Expected to close by the end of this year or the first quarter of 2011 for a closing value of $83.5 miilion. On the completion of the merger, Monroe Bancorp shareholders Monroe shareholders will receive 1.275 shares of Old National for every share held.
| + |
SHMR |
10/15/2010 |
Essilor (N/A) |
All Cash |
$130 million |
$14.50 |
$13.75 |
5,803 |
06/30/2011 |
5.45% |
11.18% |
Details of Shamir Optical Industry
Expected to close by the second quarter of 2011 for a closing value of $130 million. On the completion of the merger, Shamir Optical Industry shareholders will receive $14.50 per share in cash. |
| + |
PVG |
09/21/2010 |
Penn Virginia Resource Partners (PVR) |
All Stock |
$954 million |
$27.75 |
$26.32 |
75,436 |
03/31/2011 |
5.45% |
22.85% |
Details of Penn Virginia GP Holdings
Expected to close by the end of the year for a closing value of $954 million. On the completion of the merger, Penn Virginia GP Holdings unitholders will receive 0.98 units of Penn Virginia Resource Partners per Penn Virginia GP Holdings unit held.
Update Dec 27, 2010: Updated the closing date to 3/31/2011 since the special meeting to discuss the merger has been set for February 16, 2011. |
| + |
TCM |
11/01/2010 |
Hanmax Investment Limited (N/A) |
All Cash |
N/A |
$4.50 |
$4.27 |
18,950 |
03/31/2011 |
5.39% |
22.60% |
Details of Tongjitang Chinese Medicines
Expected to close in the first quarter of 2011. On the completion of the merger, Tongjitang Chinese Medicines shareholders will receive $4.50 per ADS in cash.
| + |
MAJC |
09/21/2010 |
Bayside Capital Partners (N/A) |
All Cash |
$7.8 million |
$4.50 |
$4.27 |
1,799 |
03/31/2011 |
5.39% |
22.60% |
Details of Majestic Capital
Expected to close in the first quarter of 2011 for a closing value of $7.8 million. On the completion of the merger, Majestic Capital shareholders will receive $0.45 per share in cash. Update Nov 5, 2010: The stock symbol and closing price have been updated to reflect a 1:10 reverse stock split that became effective as of Nov 4, 2010. |
| + |
CRXL |
10/06/2010 |
Johnson & Johnson (JNJ) |
All Cash |
$2.41 billion |
$32.94 |
$31.33 |
49,497 |
03/31/2011 |
5.14% |
21.56% |
Details of Crucell NV
Expected to close in the first quarter of 2011 for a closing value of $2.41 billion. On the completion of the merger Crucell NV shareholders will receive Euro 24.75 per share in cash (approximately $34 at the time of announcement). |
| + |
AAI |
09/27/2010 |
Southwest Airlines (LUV) |
Cash Plus Stock |
$1.4 billion |
$7.75 |
$7.39 |
3,176,035 |
03/31/2011 |
4.87% |
20.44% |
Details of AirTran Holdings
Expected to close in the first quarter of 2011 for a closing value of $1.4 billion. On the completion of the merger, AirTran Holdings Shareholders will receive $3.75 per share in cash and 0.321 share of Southwest stock for each share of AirTran held. Update Nov 2, 2010: The ratio of Southwest shares issued changes based on the price of Southwest's stock and the deal value also varies from $7.25 to $7.75. Specifically as stated in the press release "The number of shares to be issued by Southwest Airlines is subject to adjustment if the average of Southwest Airlines closing prices for the 20 trading days ending three trading days prior to closing is below $10.90 or above $12.46. This adjustment mechanism is intended to provide at least $7.25 in value and up to $7.75 in value per share of AirTran common stock. If the average closing price noted above exceeds $12.46, the value will be $7.75 with fewer shares of Southwest common stock issued. If the average closing price noted above is less than $10.90, the value will be $7.25 with additional shares of Southwest common stock issued. Additionally, Southwest Airlines has the option of substituting cash in lieu of issuing incremental shares if the average closing stock price is less than $10.90."
| + |
LEGC |
12/21/2010 |
Berkshire Hills Bancorp (BHLB) |
Cash Plus Stock |
$108 million |
$13.77 |
$13.14 |
70,025 |
06/30/2011 |
4.77% |
9.78% |
Details of Legacy Bancorp
Expected to close in the second quarter of 2011 for a closing value of $108 million. On the completion of the merger, Legacy Bancorp shareholders will receive 0.56385 Berkshire common shares plus $1.30 in cash in a cash plus stock deal. |
| + |
MI |
12/17/2010 |
BMO Financial Group (BMO) |
All Stock |
$4.1 billion |
$7.24 |
$6.92 |
6,525,394 |
07/31/2011 |
4.57% |
7.99% |
Details of Marshall & Ilsley Corporation
Expected to close before the end of July 2011 for a closing value of $4.1 billion. On the completion of the merger, Marshall and Ilsley shareholders will receive 0.1257 shares of Bank of Montreal per share held. |
| + |
ROME |
10/12/2010 |
Berkshire Hills Bancorp (BHLB) |
All Stock |
$74 million |
$12.51 |
$12.02 |
11,936 |
03/31/2011 |
4.08% |
17.10% |
| Details of Rome Bancorp Inc.
Expected to close by the first quarter of 2011 for a closing value of $74 million. On the completion of the merger, 70% of the outstanding Rome Bancorp shares will be exchanged for Berkshire Hills Bancorp shares at a fixed exchange ratio of 0.5658 Berkshire Hills Bancorp shares for each share of Rome Bancorp, and the remaining 30% of Rome Bancorp shares will be exchanged for $11.25 per share in cash.
|
| + |
MFE |
08/19/2010 |
Intel Corporation (INTC) |
All Cash |
$7.68 billion |
$48.00 |
$46.31 |
589,041 |
06/30/2011 |
3.65% |
7.48% |
Details of McAfee
Expected to close once McAfee shareholder approval and regulatory clearance is gained for a closing value of $7.68 billion. On the completion of the merger, McAfee shareholders will receive $48 per share in cash.
Update Oct 29, 2010: Following the release of third quarter results by McAfee, CEO Dave DeWalt reiterated that the Intel deal is �on track� to close by mid-2011. We have updated the closing date to 6/30/2011 from 12/31/2010.
| + |
MCCC |
11/15/2010 |
Chief Executive Rocco Commisso (N/A) |
All Cash |
$600 million |
$8.75 |
$8.47 |
83,608 |
06/30/2011 |
3.31% |
6.78% |
Details of Mediacom Communications Corporation
Rocco B. Commisso, the founder, Chairman and Chief Executive Officer of Mediacom Communications Corporation, had announced on August 31, 2010 that he has withdrawn his May 31, 2010 non-binding offer to purchase all of the shares of Mediacom not currently owned by him.
On November 15, 2010, Rocco B. Commisso announced that he would buy MCCC in a deal that values it at about $600 million. Commisso would buy the stock he doesn�t own for $8.75 a share. |
| + |
NOVL |
11/22/2010 |
Attachment Corporation (N/A) |
All Cash |
$2.2 billion |
$6.10 |
$5.92 |
2,499,673 |
03/31/2011 |
3.04% |
12.76% |
Details of Novell Inc.
Expected to close in the first quarter of 2011 for a closing value of $2.2 billion. On the completion of the merger, Novell shareholders will receive $6.10 per share in cash |
| + |
WL |
11/01/2010 |
M & T Bank Corporation (MTB) |
All Stock |
$351 million |
$4.47 |
$4.34 |
672,206 |
06/30/2011 |
3.04% |
6.23% |
Details of Wilmington Trust Corporation
Expected to close in mid-year 2011 for a closing value of $351 million. On the completion of the merger, Wilmington Trust common shareholders will receive 0.051372 shares of M&T common stock in exchange for each share of Wilmington Trust common stock they own .
| + |
ADAM |
08/30/2010 |
Ebix Inc. (EBIX) |
All Stock |
$66 million |
$7.39 |
$7.18 |
99,211 |
12/31/2010 |
2.92% |
0.00% |
Details of A.D.A.M Inc.
Expected to close later this year for a closing value of $66 million. On the completion of the merger ADAM shareholders will receive 0.3122 of Ebix stock for each share held in ADAM. |
| + |
WTNY |
12/22/2010 |
Hancock Holding Company (HBHC) |
All Stock |
$1.5 billion |
$14.56 |
$14.15 |
686,551 |
06/30/2011 |
2.92% |
5.99% |
Details of Whitney Holding Corporation
Expected to close in the second quarter of 2011 for a closing value of $1.5 billion. On the completion of the merger, Whitney Holding Corporation shareholders will receive 0.418 shares of Hancock Holding Company common stock in exchange for each share of Whitney common stock in an all stock deal. |
| + |
BUCY |
11/15/2010 |
Caterpillar Inc (CAT) |
All Cash |
$8.6 billion |
$92.00 |
$89.40 |
1,563,482 |
06/30/2011 |
2.91% |
5.96% |
Details of Bucyrus International Inc
Expected to close by the middle of 2011 for a closing value of $8.6 billion. On the completion of the merger, Bucyrus International shareholders will receive $92 per share in cash.
| + |
ACL |
12/15/2010 |
Novartis (NVS) |
All Cash |
$12.9 billion |
$168.00 |
$163.40 |
355,648 |
06/30/2011 |
2.82% |
5.77% |
Details of Alcon Inc.
Expected to close in the first half of 2011 for a closing value of $12.9 billion. On the completion of the merger, Alcon Inc. shareholders will receive $168 per share in cash. |
| + |
VCGH |
11/10/2010 |
Company's chairman of the Board, CEO, President and COO (N/A) |
All Cash |
$37 million |
$2.25 |
$2.19 |
72,220 |
03/31/2011 |
2.74% |
11.49% |
Details of VCG Holding Corporation
Expected to close in the first quarter of 2011 for a closing value of $37 million. On the completion of the merger, VCG Holdings shareholders will receive $2.25 per share in cash.
|
+ |
GAS |
12/07/2010 |
AGL Resources Inc. (AGL) |
Cash Plus Stock |
$2.4 billion |
$51.25 |
$49.92 |
232,767 |
09/30/2011 |
2.66%
3.60% |
Details of Nicor Inc.
Expected to close in the third quarter of 2011 for a closing value of $2.4 billion. On the completion of the merger, Nicor shareholders will receive $21.20 in cash and 0.8382 of an AGL Resources share for each Nicor share held. |
| + |
NAL |
08/19/2010 |
First Niagara Financial Group (FNFG) |
Cash Plus Stock |
$1.5 billion |
$15.38 |
$14.98 |
359,333 |
05/15/2011 |
2.66% |
7.35% |
Details of New Alliance Bancshares
Expected to close in early second quarter of 2011 for a closing value of $1.5 billion. On the completion of the merger, New Alliance shareholders will receive either 1.1 shares of FNFG stock, all cash or cash plus stock. NAL mentioned that the "aggregate consideration is 86% in stock and 14% in cash".
The exchange ratio is however fixed at 1.1 shares of FNFG per share of NAL and worked out to $14.09 per share upon announcement of the deal.
| + |
AYE |
02/11/2010 |
FirstEnergy (FE) |
All Stock |
$8.5 billion |
$24.69 |
$24.24 |
954,478 |
03/31/2011 |
1.87% |
7.83% |
Details of Allegheny Energy, Inc. Common S
Expected to close by March 31, 2011 for a closing value $8.5bn. It is a stock based transaction @ 0.667 share of FE
Revision on September 14, 2010: Jefferies & Companies lowers its price target to $23.50, from $24.50. |
| + |
OPTC |
11/11/2010 |
TKH Group (N/A) |
All Cash |
N/A |
$2.45 |
$2.41 |
17,500 |
03/31/2011 |
1.66% |
6.96% |
Details of Optelecom – NKF, Inc
Expected to close in the first quarter of 2011. On the completion of the merger, Optelecom-NKF shareholders will receive $2.45 per share in cash.
|
| + |
CLFC |
12/09/2010 |
Nara Bancorp Inc. (NARA) |
All Stock |
$285.7 million |
$7.69 |
$7.58 |
172,417 |
09/30/2011 |
1.46% |
1.98% |
Details of Center Financial Corporation
Expected to close in the third quarter of 2011 for a closing value of $285.7 million. On the completion of the merger, Center Financial shareholders will receive 0.7804 of a share of Nara Bancorp common stock in exchange for each share of Center Financial common stock held.
| + |
EURX |
12/01/2010 |
Axcan Holdings, Inc. (N/A) |
All Cash |
$583 million |
$12.00 |
$11.83 |
35,240 |
06/30/2011 |
1.44% |
2.95% |
Details of Eurand N.V.
Expected to close in the second quarter of 2011 for a closing value of $583 million. On the completion of the merger, Eurand N.V. shareholders will receive $12.00 per share in cash. |
| + |
KG |
10/12/2010 |
Pfizer Inc. (PFE) |
All Cash |
$3.6 billion |
$14.25 |
$14.05 |
4,101,496 |
03/31/2011 |
1.42% |
5.97% |
Details of King Pharmaceuticals
Expected to close by the end of the year for a closing value of $3.6 billion. On the completion of the merger, King Pharmaceuticals will receive $14.25 per share in cash.
Update 12/17/2010: Pfizer extended its tender offer to 1/21/2011. The merger has been delayed as the companies await approval from U.S. regulators. They expect the merger to close in the first quarter of 2011.
| + |
OCNW |
09/16/2010 |
Calix Inc. (CALX) |
Cash Plus Stock |
$171 million |
$8.78 |
$8.66 |
65,744 |
12/31/2010 |
1.35% |
0.00% |
Details of Occam Networks Inc.
Expected to complete in the fourth quarter of this year or first quarter of 2011 for $171 million. On the completion of the merger, Occam Networks shareholders will receive approximately $7.75 per share. The deal is a cash plus stock deal with Occam shareholders receiving $3.8337 in cash and 0.2925 shares of Calix.
| + |
JAS |
12/23/2010 |
affiliate of Leonard Green & Partners LP (N/A) |
All Cash |
$1.6 billion |
$61.00 |
$60.22 |
285,284 |
06/30/2011 |
1.30% |
2.66% |
Details of Jo-Ann Stores Inc.
Expected to close in the second quarter of 2011 for a closing value of $1.6 billion. On the completion of the merger, Jo-Ann Stores shareholders will receive $61.00 per share in cash. |
| + |
ACV |
09/27/2010 |
Unilever PLC (N/A) |
All Cash |
$3.7 billion |
$37.50 |
$37.04 |
545,473 |
03/31/2011 |
1.24% |
5.21% |
Details of Alberto Culver
Expected to close in the fourth quarter of 2010 for a closing value of $3.7 billion. On the completion of the merger, Albert Culver shareholders will receive $37.50 per share in cash. |
+ |
VOLT |
11/29/2010 |
Mellanox Technologies, Ltd. (MLNX) |
All Cash |
$176 million |
$8.75 |
$8.65 |
57,056 |
03/31/2011 |
1.16%
4.85% |
Details of Voltaire Limited
Expected to close in the first quarter of 2011 for a closing value of $176 million. On the completion of the merger, Voltaire's shareholders will receive $8.75 per share in cash. |
| + |
LDSH |
11/17/2010 |
Allegheny Technologies (ATI) |
Cash Plus Stock |
$778 million |
$49.14 |
$48.62 |
133,869 |
03/31/2011 |
1.07% |
4.49% |
Details of Ladish Co
Expected to close in early 2011 for a closing value of $778 million. On the completion of the merger, Ladish Co shareholders will receive $24 in cash and 0.4556 share of Allegheny stock for each share held.
| + |
DLM |
11/25/2010 |
Kohlberg Kravis Roberts & Co (KKR) |
All Cash |
$4 billion |
$19.00 |
$18.80 |
2,599,735 |
03/31/2011 |
1.06% |
4.46% |
Details of Del Monte Foods Company
Expected to close in the first quarter of 2011 for a closing value of $4 billion. On the completion of the merger, Del Monte Foods shareholders will receive $19 per share in cash. |
+ |
Q |
04/22/2010 |
Century Link (CTL) |
All Stock |
$10.6 billion |
$7.68 |
$7.61 |
3,391,770 |
04/21/2011 |
0.96%
3.23% |
Details of Qwest Communications Internatio
Expected to close in the first half of 2011for a value of $10.6bn. Under the terms of the agreement, Qwest shareholders will receive 0.1664 CenturyLink shares for each share of Qwest common stock they own at closing. |
| + |
MIGP |
12/01/2010 |
United Fire & Casualty (UFCS) |
All Cash |
$191 million |
$28.25 |
$27.99 |
1,523 |
03/31/2011 |
0.93% |
3.90% |
Details of Mercer Insurance Group
Expected to close in the first quarter of 2011 for a closing value of $191 million. On the completion of the merger, Mercer Insurance Group shareholders will receive $28.25 per share in cash.
| + |
BJGP |
10/28/2010 |
Sanofi – aventis (N/A) |
All Cash |
$520.6 million |
$10.00 |
$9.91 |
162,292 |
03/31/2011 |
0.91% |
3.81% |
Details of BMP Sunstone Corporation
Expected to close in the first quarter of 2011 for a closing value of $520.6 million. On the completion of the merger, BMP Sunstone shareholders will receive $10.00 per share in cash. |
| + |
CTV |
10/25/2010 |
Carlyle (N/A) |
All Cash |
$3 billion |
$31.50 |
$31.22 |
1,413,098 |
03/31/2011 |
0.90% |
3.76% |
Details of CommScope Inc
Expected to close by the end of the year for a closing value of $3 billion. On the completion of the merger, CommScope shareholders will receive $31.50 per share in cash. Update 1/11/2010: The transaction is expected to close by the first quarter of 2011 and hence the closing date has been updated to 3/31/2011. |
+ |
JCG |
11/23/2010 |
private equity firms TPG Capital and Leonard Green & Partners (N/A) |
All Cash |
$3 billion |
$43.50 |
$43.14 |
334,928 |
03/31/2011 |
0.83%
3.50% |
Details of J. Crew Group Inc.
Expected to close in the first quarter of 2011 for a closing value of $3 billion. On the completion of the merger, J. Crew Group shareholders will receive $43.50 per share in cash. |
| + |
CPII |
11/26/2010 |
Veritas Capital (N/A) |
All Cash |
$525 million |
$19.50 |
$19.35 |
42,268 |
12/31/2069 |
0.78% |
0.01% |
Details of CPI International Corporation
Expected to close for a closing value of $525 million. On the completion of the merger, CPI International shareholders will receive $19.50 per share in cash. The transaction is subject to CPI stockholder approval, and is also subject to a number of customary regulatory and other closing conditions.
| + |
ID |
09/20/2010 |
Safran (N/A) |
All Cash |
$1.1 billion |
$12.00 |
$11.91 |
1,041,295 |
03/31/2011 |
0.76% |
3.17% |
Details of L-1 Identity Solutions Inc
Expected to close in the first quarter of 2011 for a closing value of $1.1 billion. On the completion of the merger, ID shareholders will receive $12 per share in cash. |
| + |
BEZ |
11/29/2010 |
ABB Ltd (ABB) |
All Cash |
$4.2 billion |
$63.50 |
$63.04 |
278,090 |
03/31/2011 |
0.73% |
3.06% |
Details of Baldor Electric Co.
Expected to close in the first quarter of 2011 for a closing value of $4.2 billion. On the completion of the merger, Baldor Electric shareholders will receive $63.50 per share in cash. |
| + |
MATK |
12/21/2010 |
DSM (N/A) |
All Cash |
$1,087 million |
$31.50 |
$31.30 |
716,223 |
06/30/2011 |
0.64% |
1.31% |
Details of Martek Biosciences Corporation
Expected to close in the first or second quarter of 2011 for a closing value of $1,087 million. On the completion of the merger, Martek Biosciences Corporation shareholders will receive $31.50 per share in cash.
| + |
FMR |
10/28/2010 |
Fairfax Financial Holdings (FRFHF.PK) |
All Cash |
$294 million |
$16.50 |
$16.40 |
44,974 |
03/31/2011 |
0.61% |
2.56% |
Details of First mercury Financial Corporation
Expected to close in the first quarter of 2011 for a closing value of $294 million. On the completion of the merger, First Mercury Financial shareholders will receive $16.50 per share in cash. |
| + |
SVR |
10/28/2010 |
Carlyle (N/A) |
All Cash |
$2.6 billion |
$31.00 |
$30.85 |
548,787 |
03/31/2011 |
0.49% |
2.04% |
Details of Syniverse Holdings
Expected to close in the first quarter of 2011 for a closing value of $2.6 billion. On the completion of the merger, Syniverse Holdings shareholders will receive $31.00 per share in cash. |
+ |
DNEX |
12/13/2010 |
Thermo Fisher Scientific Inc. (TMO) |
All Cash |
$2.1 billion |
$118.50 |
$118.01 |
54,415 |
03/31/2011 |
0.42%
1.74% |
Details of Dionex Corp.
Expected to close in the first quarter of 2011 for a closing value of $2.1 billion. On the completion of the merger, Dionex shareholders will receive $118.50 per share in cash. |
| + |
ROAC |
10/18/2010 |
Swenson Granite Co. (N/A) |
All Cash |
$39 million |
$5.25 |
$5.23 |
2,300 |
03/31/2011 |
0.38% |
1.60% |
Details of Rock of Ages Corp.
Expected to close in the first quarter of 2011 for a closing value of $39 million. On the completion of the merger, Rock of Ages shareholders will receive $5.25 per share in cash.
| + |
ARTG |
11/02/2010 |
Oracle (ORCL) |
All Cash |
$1 billion |
$6.00 |
$5.98 |
3,494,210 |
03/31/2011 |
0.33% |
1.40% |
Details of Art Technology Group
Expected to close in early 2011 for a closing value of $1 billion. On the completion of the merger, Art Technology shareholders will receive $6.00 per share in cash. |
| + |
CYPB |
12/15/2010 |
Ramius LLC & Royalty Pharma (N/A) |
All Cash |
$255 million |
$6.50 |
$6.48 |
427,303 |
01/31/2011 |
0.31% |
4.02% |
Details of Cypress Bioscience Inc.
Expected to close by January 2011 for a closing value of $255 million. On the completion of the merger, Cypress Bioscience shareholders will receive $6.50 per share in cash. |
| + |
APSG |
12/20/2010 |
Raytheon Company (RTN) |
All Cash |
N/A |
$38.00 |
$37.89 |
215,312 |
03/31/2011 |
0.29% |
1.22% |
Details of Applied Signal Technology, Inc.
Expected to close in the first quarter of 2011. On the completion of the merger, Applied Signal Technology shareholders will receive $38.00 per share in cash.
| + |
NUHC |
09/20/2010 |
Arrow Electronics (ARW) |
All Cash |
$130 million |
$7.00 |
$6.98 |
42,684 |
12/31/2010 |
0.29% |
0.00% |
Details of Nu Horizons Electronics Corp
Expected to close in the fouth quarter of 2010 for a closing value of $130 million. On the completion of the merger, Nu Horizons Electronics shareholders will receive $7.00 per share in cash. |
| + |
TTES |
10/06/2010 |
Robbins & Myers Inc. (RBN) |
Cash Plus Stock |
$422 million |
$39.94 |
$39.83 |
29,829 |
12/31/2010 |
0.27% |
0.00% |
Details of T-3 Energy Services
Expected to close by the end of the year or early next year for a closing value of $422 million. On the completion of the merger, T-3 energy shareholders will
receive 0.894 common shares of Robbins & Myers plus $7.95 in cash.
|
| + |
LCRD |
12/20/2010 |
ASSA ABLOY (N/A) |
All Cash |
$80 million |
$6.25 |
$6.25 |
149,282 |
03/31/2011 |
0.00% |
0.00% |
Details of LaserCard Corporation
Expected to close in the first quarter of 2011 for a closing value of $80 million. On the completion of the merger, Lasercard shareholders will receive $6.25 per share in cash.
| + |
CGC |
10/01/2010 |
Gammon Gold (GRS) |
Cash Plus Stock |
$288 million |
$5.06 |
$5.07 |
498,400 |
12/31/2010 |
-0.27% |
33.19% |
Details of Capital Gold Corp.
Expected to close in the fourth quarter of 2010 for a closing value of $288 million. On the completion of the merger, Gammon will issue 0.5209 of a common share for each Capital share, in addition to paying 79 cents a share in cash. |
| + |
TOD |
12/23/2010 |
Vigor Industrial LLC (N/A) |
All Cash |
$130 million |
$22.27 |
$22.39 |
45,789 |
03/31/2011 |
-0.54% |
-2.25% |
Details of Todd Shipyards Corp.
Expected to close in the first quarter of 2011 for a closing value of $130 million. On the completion of the merger, Todd Shipyards shareholders will receive $22.27 per share in cash. |
| + |
RAE |
09/20/2010 |
Battery Ventures (N/A) |
All Cash |
$95 million |
$1.60 |
$1.61 |
70,506 |
12/31/2010 |
-0.62% |
75.57% |
Details of RAE Systems Inc.
Expected to close in the fourth quarter of 2010 for a closing value of $95 million. On the completion of the merger, RAE Systems shareholders will receive $1.60 per share in cash. |
| + |
NST |
10/18/2010 |
Northeast Utilities (NU) |
All Stock |
$4.17 billion |
$41.83 |
$42.19 |
181,475 |
09/30/2011 |
-0.86% |
-1.16% |
Details of NSTAR
Expected to close in the third quarter of 2011 for a closing value of $4.17 billion. On the completion of the merger, NSTAR shareholders will receive 1.312 Northeast Utilities common shares for each NSTAR held.
| + |
ATLS |
11/09/2010 |
Chevron Coproation (CVX) |
All Cash |
$4.3 billion |
$43.34 |
$43.96 |
163,293 |
03/31/2011 |
-1.41% |
-5.92% |
Details of Atlas Energy Inc.
Expected to close in the first quarter of 2011 for a closing value of $4.3 billion. On the completion of the merger, Atlas Energy shareholders will receive $38.25 in cash and a pro-rata share of a distribution of over 41 million units of Atlas Pipeline Holdings for each share held.
Based on Atlas Pipeline Holdings' closing price on November 8, these units have a value of $5.09 per Atlas Energy share.
+ |
DYN |
12/15/2010 |
Icahn Enterprises LP (IEP) |
All Cash |
$665 million |
$5.50 |
$5.62 |
1,135,572 |
03/31/2011 |
-2.14%
-8.96% |
Details of Dynegy Inc.
Expected to close in the first quarter of 2011 for a closing value od $665 million. On the completion of the merger, Dynegy shareholders will receive $5.50 per share in cash. |
| + |
DVD |
09/27/2010 |
Dover Downs Gaming & Entertainment Inc (DDE) |
All Stock |
N/A |
$1.70 |
$1.78 |
11,797 |
12/31/2010 |
-4.30% |
523.58% |
Details of Dover Motorsports Inc
Expected to close in the fourth quarter of 2010. On the completion of the merger, Dover Motorsports shareholders will receive 0.501 shares of Dover Downs Gaming & Entertainment common stock for each Dover Motorsports share held.
| + |
MTXX |
12/14/2010 |
H.I.G. Capital, LLC (N/A) |
All Cash |
$75.2 million |
$8.00 |
$8.46 |
194,880 |
03/31/2011 |
-5.44% |
-22.81% |
Details of Matrixx Initiatives Inc.
Expected to close in the first quarter of 2011 for a closing value of $75.2 million. On the completion of the merger, Matrixx Initiatives shareholders will receive $8.00 per share in cash. |
| + |
SNIC |
12/23/2010 |
Rovi Corporation (ROVI) |
All Cash |
$720 million |
$14.00 |
$15.01 |
1,126,059 |
03/31/2011 |
-6.73% |
-28.23% |
Details of Sonic Solutions
Expected to close in the first quarter of 2011 for a closing value of $720 million. Sonic shareholders may elect to receive either $14.00 or 0.2489 shares of Rovi common stock for each share tendered and accepted in the exchange offer, subject to proration and adjustment pursuant to the definitive agreement. Cash consideration paid in the exchange offer will equal 55 percent of the aggregate value of consideration paid in the exchange offer and stock consideration issued in the exchange offer will equal 45 percent of the consideration, with shares of Rovi common stock being valued at $56.24 (the average closing price of Rovi common stock over the 20 trading days ending immediately prior to the date of the agreement) for purposes of such calculation. |
| + |
GIW |
10/25/2010 |
Community Bank System (CBU) |
All Cash |
$101.8 million |
$9.50 |
$10.1999 |
2,600 |
02/15/2011 |
-6.86% |
-58.25% |
Details of Wilber Corporation
Expected to close by February 15, 2011 for a closing value of $101.8 million. On the completion of the merger, Wilber shareholders will receive $9.50 per share in cash and Community Bank System common stock, subject to the following calculation:
If the Community Bank System Market Price is equal to or greater than $19.71, or equal to or less than $25.35, then the ratio will be determined by a quotient (rounded to the nearest one-thousandth) obtained by dividing $9.50 by the Community Bank System Market Price.
If the Community Bank System Market Price is greater than $25.35, then the quotient is 0.3748.
If the Community Bank System Market Price is less than $19.71, then the quotient is 0.4820.
| + |
STU |
09/17/2010 |
Discover Financial Services (N/A) |
All Cash |
N/A |
$30.00 |
$32.44 |
725,319 |
12/31/2010 |
-7.52% |
915.13% |
Details of Student Loan Corporation
Expected to close by the end of 2010. On the completion of the merger, The Student Loan Corporation shareholders will receive $30.00 per share in cash.
|
| + |
CADE |
10/06/2010 |
Community Bancorp LLC (N/A) |
All Stock |
$38 million |
$2.25 |
$2.46 |
20,322 |
03/31/2011 |
-8.68% |
-36.41% |
Details of Cadence Financial Corporation
Expected to close in the first quarter of 2011 for a closing value of $23.8 million in an all-stock deal. On the completion of the merger, Cadence shareholders will receive receive 0.097 shares of Trustmark common stock for each share of Cadence they hold.
Revision on 10/06/2010: Cadence Financial agreed to be acquired by Community Bancorp for $38 million at $2.50 per share in cash, after terminating its previously announced agreement with Trustmark Corporation |
| + |
DDMX |
10/01/2010 |
Greenbriar Equity Group (N/A) |
All Cash |
$210 million |
$21.25 |
$24.76 |
39,640 |
02/15/2011 |
-14.18% |
-120.33% |
Details of Dynamex Inc
Expected to close on February 15, 2011 for a closing value of $210 million. On the completion of the merger, Dynamex shareholders will receive $21.25 per share in cash |
| + |
ALY |
08/12/2010 |
Seawell (N/A) |
All Cash |
$890 million |
$4.25 |
$7.09 |
309,775 |
12/31/2010 |
-40.06% |
4873.53% |
Details of Allis-Chalmers Energy, Inc.
Expected to close by the end of the year 2010 for a closing value of $890 million. On the completion of the merger, Allis-Chalmers shareholders will get $4.25 in cash or 1.15 Seawell shares for each shares of Allis-Chalmers, subject to proration if more than 35% of the shares elect to receive cash. Seawell Ltd is registered in the Norwegian OTC system, ticker symbol SEAW.
| + |
UAM |
12/31/2010 |
CVS Caremark Corporation (CVS) |
All Cash |
$1.25 billion |
N/A |
$20.45 |
N/A |
06/30/2010 |
N/A |
N/A |
Details of Universal American Corp
Expected to close in the second quarter of 2011. On the completion of the merger, Universal American Corp shareholders will receive $12.80 to $13.00 per share in cash plus a share in a newly formed public company, which will own all the other operations of UAM. The newly formed company will have $640 million of cash and statutory capital in its subsidiaries and no debt. |
