Just Another Merger Monday (T, OXPS, SCHW, VRGY, BRK-A)

A manic, merger Monday is in effect again. Yesterday we saw the announcement of AT&T T and T-Mobile merger for $39 billion in cash. This morning we just saw the merger of Charles Schwab SCHW going after OptionsXpress OPXS for 1.02 shares of Schwab. The deal values OptionsXpress at $17.91 per share, which is roughly a 20% premium to where shares closed at on Friday. Warren Buffett said earlier on CNBC that he has something up his sleeve, after buying Lubrizol LZ for $9 billion in cash last week. Verigy Ltd. VRGY shares are 10% higher this morning after the company's board of directors determined that the Advantest proposal is superior to LTX-Credence merger. We also saw reports that Diageo DEO could potentially be bidding for $2 billion for Jose Cuervo, as the spirits business continues to consolidate. Another merger Monday indeed.