Overview
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 Page
purpose
- This webpage covers newly announced M&A deals we
are tracking
- As the deal progresses we will typically create
a dedicated webpage for the transaction
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Alltel - Verizon Wireless sidiary Sale
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Announced
6.05.08
- Verizon Wireless
to purchase Alltel for $28.1B
- Alltel was taken private last year by TPG and
Goldman Sachs
-
Press release
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ConvaTec - Bristol-Myers Squibb
Subsidiary Sale
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Announced
5.02.08
- Sale of wound
therapeutics subsidiary for $4.1B
- Buyers are Nordic Capital
and Avista Capital
- Press release
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Continental Airlines Foregoes
Merging
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Announced
4.28.08
- " ... in the current industry environment, the best course for Continental is to not merge with another airline at this time."
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Tribune - News Corp Joint Venture
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Announced
4.23.08
- $580mm joint venture to sell Newsday to Rupert
Murdoch's News Corp has been reached in principal according to a familiar source
with the matter
- Competing proposal expected from Cablevision
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Simtek - Cypress Semiconductor Bear Hug Offer
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Announced
4.09.08
- $4B market cap company makes a bear hug offer
for a $42mm market cap company
- Bear hug letter 4.09.08
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Norcross Safety Products -
Honeywell
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Reported
4.04.08
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National City Corporation Exploring Strategic Alternatives
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Announced
4.01.08
- $6.5B market cap banking company hired Goldman
Sachs
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Friends Provident - JC Flowers Bear Hug Offer
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Announced
3.31.08
- US private
equity firm makes a $6.9B unsolicited offer for UK financial services company
- Initial response 3.31.08
- ... proposal significantly undervalues Friends Provident plc and its prospects and does not represent a basis for discussion.
- "J.C. Flowers must, by 5.00pm on 30 April 2008, either announce a firm intention to make an offer for Friends Provident under Rule 2.5 of the Code or announce that it does not intend to make an offer for Friends Provident."
- JC Flowers won't raise bid, sets deadline for
talks 4.15.08
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De Ruiter Seeds - Monsanto
SEC_CODE_REF_0090001192884
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Announced
3.31.08
- Monsanto to acquire a leading global vegetable seed company
for about $800mm
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Maguire Properties
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REIT
stops exploring a sale
- REIT is focused on Southern California real estate
- Special Committee will continue to focus on
non-sale options to enhance liquidity, including dividend policy
MPG
explores sale of the company
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General Electric - Banco Santander
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Announced
3.27.08
- Santander will acquire GE money businesses in
Germany, Finland and Austria and its card and auto financing businesses in the
UK
- GE Commercial Finance will acquire Interbanca,
the Italian commercial bank acquired by Santander as part of the acquisition of ABN
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General Electric - American Express
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Announced
3.27.08
- American Express to buy GE's corporate card
business unit for $1.1B
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ConAgra Foods - Ospraie Management
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Announced
3.27.08
- ConAgra Foods (CAG) will sell its commodity
trading business to Ospraie Management for $2.1B
- Ospraie Management is an investment management
firm focused exclusively on commodities and basic industries with approximately
$9 billion under management
- ConAgra Trade Group will be renamed Gavilon LLC
upon completion of the sale
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Bebo - Time Warner (AOL)
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Announced
3.13.08
- AOL to acquire Bebo
- a leading global social media network - for $850mm
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Corporate Express - Staples Bear Hug Offer
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Accepted
6.11.08
- Corporate Express accepts increased offer
- Staples (SPLS)
made a 3.1B cross-border bear hug offer
Staples
obtains $3B credit line to fund its offer
Rejected
2.19.08
- Staples (SPLS)
made a 1.33B cross-border bear hug offer
Announced
2.19.08
- Staples (SPLS)
made a 1.33B cross-border bear hug offer for Dutch-based office products
distributor
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Related Topics
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