M&A Deal List

 

 

Company  Symbol  Date  rice  Comment

  3COM  COMS  3/20/2008  2  Bain Capital Partners LLC says it is terminating its merger agreement with COMS because the U.S. Government's Committee on Foreign Investment in the United States said it intended to take action to prohibit that transaction.

  GREATER COMMUNITY BANCORP  GFLS  3/20/2008  18  Terminates an agreement signed in November to be acquired by ORIT. Agrees to be acquired by VLY in a deal valued at $167M. Terms: 0.95 VLY shares per GFLS share outstanding. In addition, for every 10 shares of GFLS held, VLY will issue a warrant to buy 1 share at a price equal to $2 above VLY's average closing stock price for a period of time prior to closing.

  YAHOO  YHOO  3/18/2008  27  Files investor presentation that details its 3-year financial plan and strategic initiatives. Notes presentation supports unanimous determination by YHOO's board that MSFT's 1/31/08 unsolicited acquisition proposal "substantially undervalues Yahoo!." Says YHOO is continuing to evaluate all of its strategic alternatives.

  CAPTARIS  CAPA  3/17/2008  4  Says private equity firm Vector Capital has offered to acquire all outstanding CAPA shares for $4.75 each.

  NYMEX HOLDINGS  NMX  3/17/2008  80  Agrees to be acquired by CME. Terms: NMX holders to receive 0.1323 shares of CME Class A common stock and $36.00 in cash for each NMX share held.

  I-TRAX  DMX  3/17/2008  5  Agrees to be acquired by WAG for $5.40 per share.

  BLADELOGIC  BLOG  3/17/2008  27  BMC says it will acquire BLOG for $28 per share, or a total of about $800M, in cash.

  IOMEGA CORP.  IOM  3/17/2008  4  Says EMC indicated it is prepared to acquire IOM for up to $3.75 per share, and IOM's board has authorized IOM to enter into discussions with EMC.

  BEAR STEARNS COMPANIES  BSC  3/17/2008  4  Agrees to be acquired by JP MORGAN for $2.00 per share, or 0.05473 JPM share per BSC share.

  OCWEN FINANCIAL  OCN  3/12/2008  4  Announces termination of "going private" proposal.

  TAKE-TWO INTERACTIVE SOFTWARE  TTWO  3/11/2008  24  WSJ.com reports that TTWO was hit with a shareholder lawsuit related to its rejection of an unsolicited acquisition offer by rival ERTS.

  DEAN FOODS  DF  3/11/2008  21  News wires report that GDNNY denied market rumors that it was looking to acquire DF.

  TESORO  TSO  3/10/2008  34  Co.'s board of directors announces termination of co.'s stockholder rights plan.

  BCE  BCE  3/10/2008  38  Says the Quebec Superior Court approved the pending buyout of BCE by a group of private investors. The Court dismissed all claims asserted by some bondholders of Bell Canada.

  NATIONWIDE FINANCIAL SERVICES  NFS  3/10/2008  48  Says Nationwide Mutual Insurance Co., Nationwide Mutual Fire Insurance Co. and Nationwide Corp. (referred to collectively as Nationwide Mutual) offered to buy all of NFS's Class A common shares for $47.20 each in cash. Nationwide Mutual already owns all of NFS's Class B shares.

  IOMEGA CORP.  IOM  3/10/2008  3  Gets unsolicited non-binding indication of interest from EMC CORP. in which EMC says it prepared to offer to acquire IOM for $3.25 per share. IOM says its board determined EMC's bid would not reasonably constitute a superior proposal share purchase deal IOM executed on Dec. 12, 2007, in connection with a business combination.

  VIRGIN MEDIA  VMED  3/10/2008  15  Richard Branson could scoop $750M if Virgin Media is sold to US private equity groups, which are actively considering launching a takeover bid, despite continuing turmoil in the credit markets. According to a private document entitled "Project Coaxial" - seen by The Observer - Blackstone, Cinven, KKR and Providence Equity are prepared to offer $6B-$7.5B for the company, in which Branson's Virgin group holds a 10.5 percent share: The Observer.

  TONGJITANG CHINESE MEDICINES  TCM  3/10/2008  9  Says it received a takeover proposal from TCM Chairman and CEO Xiaochun Wang and Yongcun, a director of TCM, valued at $10.20 per ADS. Plans to form a special committee to consider this proposal, and may appoint an independent financial advisor to advise TCM and the special committee.

  ROCKWOOD HOLDINGS  ROC  3/7/2008  32  Shares seen higher on unconfirmed reports that Atlanta AG is in talks on buying ROC for about $6.2 billion.