Mercer Insurance Group Inc MIGP shares surged 47.77% to $27.87 by 10:00 am. United Fire & Casualty Company UFCS announced its plans to buy all the outstanding shares of MIGP for $28.25 per share in cash, representing a 49.8% premium to MIGP's closing price on November 30.
Linktone Ltd LTON jumped 21.99% to $1.72. LTON reported 43% y/y surge in its Q3 gross revenue.
TSR Inc TSRID climbed 19.70% to $7.90. TSRID has announced one-for-two reverse split of its common stock.
American Learning Corporation ALRN shares advanced 17.50% to $2.35. ALRN's quarterly revenue advanced 18.80% y/y.
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