Takeover Talk July 10, 2007, 10:46AM EST

Carlyle Group to Acquire Sequa

First Indiana agrees to be acquired by Marshall & Ilsley, and more deal news

Story Tools

Deals in the news

Company	Symbol	Date	Price	Comment
FEDEX CORP	FDX	7/9/2007	116	Barron's reports FDX could become target for private equity buyers because of its modest valuation, turnaround potential.
FIRST INDIANA CO	FINB	7/9/2007	31	MI to buy: $32 = FINB.
SEQUA CORP'A'	SQA.A	7/9/2007	173	The Carlyle Group to buy: $175 = SQA.A, SQA.B.
TOPPS CO	TOPP	7/9/2007	11	Urges holders to reject takeover bid from Upper Deck valued at $10.75 per share.
ALCAN INC	AL	7/6/2007	86	AA says US antitrust investigators have requested more information about AA's hostile bid for AL; U.K. Daily Telegraph, citing sources, reports RTP might make competing bid for AL, or possibly for AA.
BAUSCH & LOMB	BOL	7/6/2007	72	EYE offers $45 cash, $30 in EYE stock per BOL share.
CBOT HOLDINGS'A'	BOT	7/6/2007	218	CME, BOT revise terms of merger pact, up exchange ratio from 0.350 to 0.375 CME share per BOT share... CME says pact now supported by Caledonia Investments Pty. Ltd., BOT's largest shareholder.
GOLDEN TELECOM	GLDN	7/6/2007	66	VIP reportedly in talks to buy stake in GLDN.
HUNTSMAN CORP	HUN	7/6/2007	28	Says $27.25/share bid from Apollo Mgmt's Hedxion Specialty Chemicals Inc. superior to previously accepted deal with Basell.
ACR GROUP	BRR	7/5/2007	7	WSO to buy: $6.75 = BRR.
CHAMPPS ENTERTAI	CMPP	7/5/2007	5	F&H Acquisition Corp. to buy: $5.60 = CMPP.
HILTON HOTELS	HLT	7/5/2007	45	BX to buy: $47.50 = HLT.
HUNTSMAN CORP	HUN	7/5/2007	27	Hexion Specialty Chemicals Inc. to buy: $27.25 = HUN.
MERIDIAN GOLD	MDG	7/5/2007	28	Says AUY's unsolicited acquisition proposal does not provide basis to enter into merger talks.
FIRST MUTUAL BAN	FMSB	7/3/2007	26	WFSL to buy: $27.05 in cash or stock = FMSB.
WENDY'S INTL	WEN	7/3/2007	38	Trian Fund Management, owned by investor Nelson Peltz, says its TRY would be a "natural, strategic buyer" for WEN; Trian ups its stake in WEN to 9.8% from 8.4%.
BCE INC	BCE	7/2/2007	39	Group led by Teachers Private Capital, Providence Equity, Madison Dearborn to buy for $48.5B, incl. $15.9B of debt, preferred equity, minority interests.
DOBSON COMMUNIC'	DCEL	7/2/2007	12	AT&T to buy: $13 = DCEL.
ECI TELECOM LTD	ECIL	7/2/2007	10	Affiliates of Swarth Group, certain funds to buy: $10 = ECIL.
MANOR CARE	HCR	7/2/2007	64	The Carlyle Group to buy: $67 = HCR.
NORTH PITTSBURGH	NPSI	7/2/2007	24	CNSL to buy: $25 or 1.1061947 CNSL = NPSI.
OPTION CARE	OPTN	7/2/2007	19	WAG to buy: $19.50 = OPTN.
REDDY ICE HLDG	FRZ	7/2/2007	30	Funds managed by GSO Capital Partners LP to buy: $31.25 = FRZ.
TRUMP ENTERTAINM	TRMP	7/2/2007	10	Says none of indications of interest it received for acquisition of co. likely to lead to deal in best interests of co., holders.
VIRGIN MEDIA	VMED	7/2/2007	29	Confirms it received takeover proposal, has initiated review of its alternatives.
KOMAG INC	KOMG	6/29/2007	32	WDC to buy: $32.25 = KOMG.
BUILD-A-BEAR WOR	BBW	6/28/2007	26	Hires Lehman to help review strategic alternatives.
MERIDIAN GOLD	MDG	6/28/2007	28	Says AUY, NTO plan to offer to acquire 100% of MDG but have made no formal bid.
ANDREW CORP	ANDW	6/27/2007	14	CTV to buy for $15 in cash, stock or combination of both per ANDW share.
CHITTENDEN CORP	CHZ	6/27/2007	35	PBCT to buy: about $37 = CHZ.
DOW JONES & CO	DJ	6/27/2007	59	Is reportedly close to deal with NWS on takeover after terms reached to protect editorial integrity of its publications.
EFUNDS CORP	EFD	6/27/2007	35	FIS to buy: $36.50 = EFD.
GUITAR CENTER	GTRC	6/27/2007	60	Affiliates of Bain Capital Partners to buy: $63 = GTRC.
WEB.COM INC	WWWW	6/27/2007	6	WSPI to buy: 0.6875 WSPI or $6.5233 = WWWW.
DOW JONES & CO	DJ	6/26/2007	59	WSJ reports DJ, NWS are on the brink of agreeing to editorial protections for DJ, which could pave way for sale of DJ.
ENERGY EAST	EAS	6/26/2007	26	Iberdrola S.A. to buy: $28.50 = EAS.
TOPPS CO	TOPP	6/26/2007	10	Upper Deck launches $10.75/share tender offer, exceeding offer TOPP accepted in March of $9.75/share made by Tornante Co. LLC, Madison Dearborn Partners LLC.
VENTANA MEDICAL	VMSI	6/26/2007	77	RHHBY makes $75/share cash takeover bid; VMSI board expects to make recommendation to shareholders within 10 business days on whether or not to accept bid.
AMER FIRST APTMT	APRO	6/25/2007	25	Sentinel Omaha LLC to buy: $25.30 = APRO.
DOBSON COMMUNIC'	DCEL	6/25/2007	11	WSJ reports DCEL considering strategic options, including sale of co.
HARLEY-DAVIDSON	HOG	6/22/2007	63	Shares seen higher on unconfirmed takeover speculation.
MACY'S INC	M	6/22/2007	42	Newswire reports M shares higher on unconfirmed rumor that M received buyout offer of $52 per share from KKR, GS Capital Partners, Providence.
NOVAMERICAN STEE	TONS	6/22/2007	54	SHJ to buy: $56 = TONS.
OPENWAVE SYSTEMS	OPWV	6/22/2007	7	Harbinger Capital Partners Master Fund I, Ltd., Harbinger Capital Partners Special Situations Fund L.P. allow their tender offer for OPWV shares to expire.
DOW JONES & CO	DJ	6/21/2007	60	GE says it not pursuing joint bid with PSO for DJ; MySpace founder Brad Greenspan offers $60/share for about 25% stake in DJ; DJ says its board will take over talks regarding NEWS CORP. bids.
OAKLEY INC	OO	6/21/2007	28	LUX to buy: $29.30 = OO.
NUVEEN INVESTMEN	JNC	6/20/2007	63	Investor group led by Madison Dearborn Partners to buy: $65 = JNC.
COLOR KINETICS	CLRK	6/19/2007	34	PHG to buy: $34 = CLRK.
ESS TECHNOLOGY	ESST	6/19/2007	2	Says its Strategic Transaction Committee will investigate liquidation of co. as part of a review of corp. alternatives.
ALCOA INC	AA	6/18/2007	43	The Times of London reports BHP has revived plans for $40B takeover of AA.
AMER TECHL CERAM	AMK	6/18/2007	24	AVX to buy: $24.75 = AMK.
AUTHORIZE.NET HO	ANET	6/18/2007	18	CYBS to buy: $125M in cash plus 1.1611 shares of CYBS per ANET share.
BLUEPHOENIX SOLU	BPHX	6/18/2007	9	Says its major shareholder, Formula Systems (1985) Ltd., informed BPHX that Formula entered into in deal to sell its entire 46% equity stake in BPHX.
DOW JONES & CO	DJ	6/18/2007	59	WSJ reports GE, PSO in talks about joint bid for DJ that would allow Bancroft family to keep a minority interest; a potential alternative to NWS's $5B offer.
FRIENDLY ICE CRE	FRN	6/18/2007	15	Freeze Operations Holding Corp., an affiliate of Sun Capital Partners Inc., to buy: $15.50 = FRN.
GENESCO INC	GCO	6/18/2007	54	FINL to buy: $54.50 = GCO.
NYMEX HOLDINGS	NMX	6/18/2007	140	CME says it not in any talks with NMX regarding merger or acquisition; adds it remains focused on merging with CBOT.
WENDY'S INTL	WEN	6/18/2007	38	Says special committee of its board has decided to explore possible sale of co.
CARDINAL STATE B	CSNC	6/15/2007	17	YAVY to buy: 0.91771 YAVY or $17.62 = CSNC.
COINMACH SERVICE	DRA	6/15/2007	13	Babcock & Brown to buy: $13.55 = DRA.
EXPEDIA INC	EXPE	6/15/2007	25	Unconfirmed report says Chairman Barry Diller may take co. private at $30/share.
NYMEX HOLDINGS	NMX	6/15/2007	142	Seen higher on reports NMX exploring a sale to NYX, Deutsche Boerse AG, CME.
PENN NATIONAL GA	PENN	6/15/2007	62	Affiliates of FIG, Centerbridge Partners LP to buy: $67 = PENN.
CBOT HOLDINGS'A'	BOT	6/14/2007	204	CME sweetens $10B bid for BOT by offering owners of BOT 1x dividend of $9.14 per share; BOT board rejects latest ICE bid.
CBOT HOLDINGS'A'	BOT	6/13/2007	201	ICE resubmits merger proposal with number of enhancements... Based on 6/12 closing price, offer valued at $211.55/BOT share.
HORIZON OFFSHORE	HOFF	6/12/2007	19	DVR to buy: 0.625 DVR, $9.25 cash = HOFF.
ABN AMRO HOLDING	ABN	6/11/2007	47	WSJ reports hedge-fund firm Atticus has bought shares of Barclays and met with the bank to discuss whether it should drop an effort to buy ABN for $85.1B.
BACK YARD BURGER	BYBI	6/11/2007	6	BBAC LLC to buy: $6.50 = BYBI.
DOW JONES & CO.	DJ	6/11/2007	60	WSJ says GE and MSFT discussed combining DJ with parts of NBC/Universal, parrying NWS, but couldn't reach agreement.
U.S. STEEL	X	6/11/2007	117	Seen lower on report ThyssenKrupp AG said it isn't in talks with X or russia's OA Severstal.
DOW JONES & CO	DJ	6/8/2007	60	WSJ says DJ implemented change-in-control provisions for over 100 top managers as it considers NWS's $5B takeover bid.
OPENWAVE SYSTEMS	OPWV	6/8/2007	8	Harbinger Capital Partners lowers its partial tender offer to buy control of OPWV to $7.10/share to reflect $1.20/shr special dividend set recently by OPWV.
U.S. STEEL	X	6/8/2007	124	Newswires, citing report from Interfax, say ThyssenKrupp AG is holding talks on buying X and Russia's OAO Severstal.
BIOMET, INC	BMET	6/7/2007	46	Consortium of private equity funds to buy: $46 = BMET.
PACIFIC INTERNET	PCNTF	6/7/2007	11	Accepts revised takeover offer of $11 per share from Connect Holdings Ltd.
BCE INC	BCE	6/6/2007	37	Says another group is entering into talks to explore possibility of taking BCE private; this group includes Teachers' Private Capital, Providence Equity Ptnrs.
OPTICAL COMMUNIC	OCPI	6/6/2007	2	OPLK says it will pay $1.65/share for the 41.9% of OCPI it doesn't already own.
RUSS BERRIE & CO	RUS	6/6/2007	19	Gets unsolicited takeover offer of $18 per share, but says offer undervalues co.
TAL INTERNATIONA	TAL	6/6/2007	29	Hires Citigroup to help it review alternatives, incl. possible sale of co.
TD AMERITRADE HO	AMTD	6/6/2007	21	Says 2 hedge funds have taken 8.4% stake in co., seek to acquire more; they also indicated they wish to see AMTD pursue business combination with ETFC or SCHW.
FELDMAN MALL PRO	FMP	6/5/2007	12	Retains Friedman, Billings, Ramsey & Co. to assist in exploring alternatives, including possible combination, sale or merger with another entity.
WILD OATS MARK	OATS	6/5/2007	17	Says Federal Trade Commission plans to file lawsuit to block WFMI' proposed acquisition of OATS.
LAUREATE EDU	LAUR	6/4/2007	62	Accepts raised offer from group led by chrm & CEO to buy LAUR for $62 /sh. cash.
1-800 CONTACTS	CTAC	6/4/2007	14	Fenway Ptnrs to buy CTAC for $24.25 a sh.
AVAYA INC	AV	6/4/2007	17	TPG, Silver Lake in lead to buy AV for about $17 a share: WSJ.
DIGENE CORP	DIGE	6/4/2007	60	QIAGEN to buy: either $61.25 in cash or 3.545 QGEN shares per DIGE share.
SOLECTRON CORP	SLR	6/4/2007	4	FLEXTRONICS to buy: 0.3450 FLEX share or $3.89 cash per SLR share.
CHOLESTECH CORP	CTEC	6/4/2007	20	INVERNESS MEDICAL to buy: 0.43642 IMA share = 1 CTEC share.
SONESTA INTL HOT	SNSTA	6/4/2007	28	Reportedly hires Goldman to review strategic options.
CADENCE DESIGN S	CDNS	6/4/2007	24	NYT reports CDNS in talks with at least two buyout firms about a possible sales.
UTSTARCOM INC	UTSI	6/4/2007	7	UTSI to move forward with co. as it exists today.
ACCREDITED HOME	LEND	6/4/2007	15	Lone Star Fund V L.P. to buy: $15.10 cash per LEND share.

All of the views expressed in this research report accurately reflect the research analyst's personal views regarding any and all of the subject securities or issuers. No part of analyst compensation was, is or will be, directly or indirectly related to the specific recommendations or views expressed in this research report. Standard & Poor's Regulatory Disclosure

Any advice, analysis, or recommendations contained in articles labeled "Insight from Standard & Poor's" reflect the views of Standard & Poor's, which operates separately from and independently of BusinessWeek Online. It is possible that BWOL may from time to time publish information that is not consistent with advice, analysis, or recommendations that are published by Standard & Poor's. Standard & Poor's and BusinessWeek Online are each units of The McGraw-Hill Companies, Inc.