Takeover Talk June 1, 2007, 11:05AM EST

Wachovia Agrees to Acquire AG Edwards

Ceridian gets bought by Thomas H. Lee Partners L.P and Fidelity National, and more M&A news

Story Tools

Deals in the news

Company	Symbol	Date	Price	Comment
AG EDWARDS INC	AGE	5/31/2007	88	WACHOVIA to buy: 0.9844 WB share, $35.80 in cash = 1 AGE share.
CERIDIAN CORP	CEN	5/31/2007	35	Thomas H. Lee Partners L.P., FIDELITY NATL to buy: $36/share cash = 1 CEN sh.
GENESCO INC	GCO	5/31/2007	52	To explore alternatives, incl. possible sale of co... Also says it rejected $51 per share offer from FOOT LOCKER.
CLEVELAND-CLIFFS	CLF	5/31/2007	88	Jim Cramer comments on CNBC's "Mad Money" that he sees CLF as acq. target.
CDW CORP	CDWC	5/30/2007	85	Madison Dearborn Partners LLC to buy: $87.75 = CDWC.
NISOURCE INC	NI	5/30/2007	22	Says it not currently in talks with any parties.
PENNSYLVANIA RE	PEI	5/30/2007	47	Seen higher on buyout speculation.
ARCHSTONE-SMITH	ASN	5/29/2007	61	Tishman Speyer, LEH to buy: $60.75 = ASN.
ABN AMRO HOLDING	ABN	5/29/2007	48	Group led by Royal Bank of Scotland bids 71.1B euros, or about $95.5B, for ABN.
AVAYA INC	AV	5/29/2007	16	WSJ reports AV in talks with private equity to sell part or all of co.
BIOENVISION INC	BIVN	5/29/2007	6	GENZ to buy: $5.60 = BIVN.
BRADLEY PHARMACE	BDY	5/29/2007	22	Group led by co.'s CEO bids to take co. private at $21.50 per share.
CT COMMUNICATION	CTCI	5/29/2007	31	WIN to buy: $31.50 = CTCI.
CDW CORP	CDWC	5/29/2007	83	WSJ reports private equity firms are in serious discussions about buyout of CDWC.
PERU COPPER	CUP	5/29/2007	5	Exclusivity period for 3rd party to facilitate talks expired without agreement.
WASHINGTON GROUP	WNG	5/29/2007	81	URS to buy: $43.80, 0.772 URS = WNG.
BUILDING MATERIA	BLG	5/29/2007	15	Chapman Capital LLC, which owns 7.4% of BLG, recommends BLG explore sale of co.
ARCHSTONE-SMITH	ASN	5/25/2007	55	Seen higher on unconfirmed report that ASN in talks with Tishman Speyer Properties about possible sale.
BAUSCH & LOMB	BOL	5/24/2007	70	EYE confirms its interest in BOL, says it plans to explore a superior offer for BOL; BOL earlier received a $65-per-share takeover offer from Warburg Pincus.
EGL INC	EAGL	5/24/2007	46	CEVA Group PLC unit of Apollo Mgmt LP to buy: $47.50 = EAGL.
TOPPS CO	TOPP	5/24/2007	10	Says The Upper Deck Co. interested in acquiring TOPP for $10.75 per share.
ALCAN INC	AL	5/23/2007	85	Says its board urged holders to reject ALCOA's takeover offer... Toronto Globe & Mail reports AL in talks with BHP.
CRESCENT REAL ES	CEI	5/23/2007	22	Funds managed by Morgan Stanley Real Estate to buy: $22.80 = CEI.
DOW JONES & CO	DJ	5/23/2007	53	WSJ reports family members who control DJ are planning to meet privately to discuss their options following NWS's $5B offer, according to people familiar with matter.
STRIDE RITE	SRR	5/23/2007	20	PSS to buy: $20.50 = SRR.
OSI RESTAURANT	OSI	5/22/2007	41	Amends pact to be acquired by Kangaroo Holdings Inc., Kangaroo Acquisition Inc. for $41.14 per share cash, without interest, from $40 per share.
PEOPLES BANCTRUS	PBTC	5/22/2007	25	BANCTRUST FINANCIAL to buy for $25.50 per share.
ALLTEL CORP	AT	5/21/2007	70	TPG Capital, GS Capital Partners to buy: $71.50 = AT.
CYTYC CORP	CYTC	5/21/2007	43	HOLX to buy: 0.52 HOLX, $16.50 = CYTC.
DOW JONES & CO	DJ	5/21/2007	51	Pali Research says NWS preparing to "walk away" from DJ bid unless Bancroft family responds.
EGL INC	EAGL	5/21/2007	47	CEVA Group Plc, owned by affiliates of Apollo Mgmt, ups bid for EAGL to $47.50 per share cash... EAGL finds CEVA bid to be superior to Crane Group's $46.25/shr.
GENESCO INC	GCO	5/21/2007	51	Women's Wear Daily, citing sources, reports SKX, GCO are emerging as the two leading targets to be taken private in the retail and footwear sectors.
GENESIS HEALTH	GHCI	5/21/2007	69	Formation Capital, JER Partners to buy: $69.35 = GHCI.
PIONEER COMPANIE	PONR	5/21/2007	34	OLN to buy: $35 = PONR.
SKECHERS U.S.A.	SKX	5/21/2007	34	Women's Wear Daily, citing sources, reports SKX, GCO are emerging as the two leading targets to be taken private in the retail and footwear sectors.
TARO PHARMACEUT	TAROF	5/21/2007	6	Sun Pharmaceuticals of India to buy: $7.75 = TAROF.
VISTEON CORP	VC	5/21/2007	9	Tata AutoComp Systems, Valeo are believed to be in preliminary stages of talks to acquire a stake in VC: Business Standard.
AQUANTIVE INC	AQNT	5/18/2007	64	MSFT to buy: $66.50 = AQNT.
DISTRIBUCION Y S	DYS	5/18/2007	33	To merge with Falabella; stakes in new conglomerate Falabella-D&S will be 77% for current Falabella shareholders, 23% for DYS shareholders.
INTL GAME TECHNO	IGT	5/18/2007	40	JP Morgan says shares up on buyout speculation.
IOMED INC	IOX	5/18/2007	3	ReAble Therapeutics to buy: $2.75 = IOX.
TIERONE CORP	TONE	5/18/2007	32	CSE to buy: about $34.46 = TONE.
TRUMP ENTERTAINM	TRMP	5/18/2007	15	Says its strategic committee recently received preliminary, conditional indications of interest from parties proposing to acquire TRMP.
ACXIOM CORP	ACXM	5/17/2007	28	Silver Lake, ValueAct Capital to buy: $27.10 = ACXM.
ALLIANCE DATA SY	ADS	5/17/2007	78	Blackstone Group to buy: $81.75 = ADS.
NEXSTAR BROADCAS	NXST	5/17/2007	13	Hires Goldman, Sachs & Co. to assist in reviewing alternatives including, but not limited to, sale of co.
24/7 REAL MEDIA	TFSM	5/17/2007	12	WPPGY to buy: $11.75 = TFSM.
AGILE SOFTWARE	AGIL	5/16/2007	8	ORCL to buy: $8.10 = AGIL.
BAUSCH & LOMB	BOL	5/16/2007	67	Affiliates of Warburg Pincus to buy: $65 = BOL.
EAST PENN FINANC	EPEN	5/16/2007	14	HNBC to buy for estimated $14.50 per share; actual value of deal will depend on factors such as price of HNBC stock, but will be within $13.52-$15.48 range.
INTER-TEL INC	INTL	5/16/2007	27	Receives $26.50/share buyout bid from Vector Capital Corp... Vector bid follows $25.60/share offer from Mitel Networks.
REUTERS GROUP AD	RTRSY	5/15/2007	74	Co., TOC agree to merge; RTRSY to be acquired by newly formed UK holding co. called Thomson-Reuters PLC: 352.5 pence, 0.16 Thomson-Reuters PLC share = RTRSY.
21ST CENTURY INS	TW	5/15/2007	23	AIG to acquire all TW shares it does not already own: $22 = TW.
DOW JONES & CO	DJ	5/14/2007	54	WSJ.com reports NWS Chrmn Rupert Murdoch sent letter to Bancroft family saying he would offer Bancrofts a seat on NWS board if his purchase of DJ went though.
EGL INC	EAGL	5/14/2007	46	Says CEVA Group Plc (owned by affiliates of Apollo Mgmt), entities affiliated with EAGL CEO James Crane upped their takeover bids; CEVA to $46/sh., Crane to $45/sh.
INFORTE CORP	INFT	5/14/2007	4	Business & Decision Group to buy: $4.25 = INFT.
REPUBLIC PROPERT	RPB	5/14/2007	12	To evaluate alternatives, including possible sale of co. or merger.
SYNERGY FINANCIA	SYNF	5/14/2007	14	NYB to buy: 0.8 NYB = SYNF.
VIASYS HEALTHCAR	VAS	5/14/2007	43	CAH to buy: $42.75 = VAS.
CBOT HOLDINGS'A'	BOT	5/11/2007	199	Co., CME revise merger deal; BOT holders to get 0.35 CME share per BOT share; CME to make cash tender offer for up to $3.5B in stock of combined co..
POST PROPERTIES	PPS	5/11/2007	54	Seen higher on takeover speculation.
WENDY'S INTERNAT	WEN	5/11/2007	40	WSJ reports co.'s largest institutional shareholder is urging WEN to sell itself to highest bidder.
BIOSITE INC	BSTE	5/10/2007	95	IMA raises its takeover offer to $92.50 per BSTE share from $90 per share.
SARA LEE CORP	SLE	5/10/2007	17	WSJ reports co.'s CEO said she is not worried about a takeover.
EFUNDS CORP	EFD	5/9/2007	32	Says certain parties have approached EFD to mull over strategic alternatives.
AK STEEL HOLDING	AKS	5/8/2007	35	Financial Times reports MT looking at acquisition of AKS in deal worth as much as $40 per AKS share, or about $4.5B.
REUTERS GROUP AD	RTRSY	5/8/2007	76	TOC, RTRSY confirm they are in talks to combine their two businesses.
SIPEX CORP	SIPX	5/8/2007	9	EXAR to buy: 0.6679 EXAR = SIPX.
3COM CORP	COMS	5/8/2007	5	Citadel Investment Group LLC reports 8.4% stake in COMS, says it would like to meet with management, board to discuss COMS's corporate strategy.
ALCAN INC	AL	5/7/2007	81	AA offers to buy for about $33B... Terms: $58.60 cash, 0.4108 AA share = AL share.
ARMOR HOLDINGS	AH	5/7/2007	87	BAE Systems Inc. to buy: $88 = AH.
OHIO CASUALTY	OCAS	5/7/2007	43	Liberty Mutual Group to buy: $44 = OCAS.
SMITH & WOLLENSK	SWRG	5/7/2007	11	Amends merger pact with Patina Restaurant Group LLC, whereby Patina agrees to raise purchase price to $11/share from $9.25.
GREATER BAY BANC	GBBK	5/4/2007	28	WFC to buy via stock swap... Deal valued at about $1.5B, assuming WFC measurement price is between $32.175, $39.325/share.
REUTERS GROUP AD	RTRSY	5/4/2007	74	Confirms it received takeover approach from unidentified suitor... Toronto Globe & Mail reports on its web site that TOC is in talks to buy RTRSY, citing sources.
WESTWOOD ONE	WON	5/4/2007	7	NY Post reports on its web site that WON has tapped investment bank UBS to identify potential buyers.
YAHOO INC	YHOO	5/4/2007	33	NY Post reports MSFT in talks to acquire YHOO.
EGL INC	EAGL	5/3/2007	42	Apollo Group ups takeover bid to $43 from $40/share, further topping EAGL's pact to be acquired by CEO-led group for $38/shr.
IPSCO INC	IPS	5/3/2007	157	SSAB to buy: $160 = IPS.
MITY ENTERPRISES	MITY	5/3/2007	21	Affiliate of Sorenson Capital Partners, Peterson Partners: $21.50 = MITY.
BIOSITE INC	BSTE	5/2/2007	94	Amends takeover deal with BEC, raising purchase price to $90 from $85/share.
BISYS GROUP	BSG	5/2/2007	12	CITIGROUP to buy: $11.85 = BSG.
CABLEVISION SYS	CVC	5/2/2007	36	Dolan family offers to take CVC private at $36.26 cash per share.
COMMUNITY BANKS	CMTY	5/1/2007	32	SUSQ to buy: $34 or 1.48 SUSQ = CMTY.
DOW JONES & CO	DJ	5/1/2007	55	Receives $60/share takeover bid from NWS.
MAF BANCORP	MAFB	5/1/2007	54	NCC to buy: $56 = MAFB, subject to adj.
BCE INC	BCE	4/30/2007	34	Expects to complete review of strategic alternatives by Q3.
EAGLE HOSPITALIT	EHP	4/30/2007	13	AP AIMCAP, a j.v. of Apollo Real Estate Investment Fund, Aimbridge Hospitality, JF Capital Advisors to buy: $13.35 = EHP.
ENPATH MEDICAL	NPTH	4/30/2007	14	GB to buy: $14.38 = NPTH.
GENESIS HEALTH	GHCI	4/30/2007	64	Fillmore Capital Partners raises its takeover bid for GHCI to $65.25/share.
INTL SECURITIES	ISE	4/30/2007	67	Eurex to buy: $67.50 = ISE.
INTER-TEL INC	INTL	4/27/2007	25	Mitel Networks Corp. to buy: $25.60 = INTL.
COVANSYS CORP	CVNS	4/26/2007	33	CSC to buy: $34 = CVNS.
GENESIS HEALTH	GHCI	4/26/2007	64	Says its board to review $64.25-per-share cash takeover bid received recently from Fillmore Capital Partners LLC.
HARMAN INTL	HAR	4/26/2007	123	Affiliates of Kohlberg Kravis Roberts & Co. L.P., GS Capital Partners to buy: $120 = HAR.
PEDIATRIC SERVIC	PSAI	4/26/2007	16	Portfolio Logic LLC to take private = $16.25 = PSAI.
WENDY'S INTL	WEN	4/26/2007	38	Forms special committee to review its options, including possible sale of co.
ABN AMRO HOLDING	ABN	4/25/2007	50	Royal Bank of Scotland, Banco Santander, Fortis announce contingent offer for ABN of EUR39.
CHAPARRAL STEEL	CHAP	4/25/2007	72	Hires Goldman Sachs & Co. to review alternatives, including possible partnerships, mergers, acquisitions, sale or recapitalization.
DESERT COMMUNITY	DCBK	4/25/2007	23	EWBC to buy for $24/share in cash, stock.
EASTMAN KODAK	EK	4/25/2007	26	Seen higher on takeover speculation.
K2 INC	KTO	4/25/2007	15	JAH to buy for $15.50/share in cash, stk.
24/7 REAL MEDIA	TFSM	4/25/2007	10	NY Post reports co. is on auction block, has been talking to WPPGY, among other potential suitors.
HIGHLAND HOSPIT	HIH	4/24/2007	19	Affiliate of JER Partners Acquisitions IV LLC to buy: $19.50 = HIH.
MYERS INDUSTRIES	MYE	4/24/2007	22	GS Capital Partners to buy: $22.50 = MYE.
SYMBION INC	SMBI	4/24/2007	22	Unit of private equity firm Crestview Partners LP to buy: $22.35 = SMBI.
MEDIMMUNE INC	MEDI	4/23/2007	57	AZN to buy for $58 per share cash.
AFFILIATED COMPU	ACS	4/23/2007	61	Chrm Darwin Deason, Cerberus Capital Mgmt raise offer for co. to $62/sh. cash.
INTERPOOL, INC	IPX	4/23/2007	27	To be acquired by certain private equity funds managed by affiliates of Fortress Inv. Group LLC for $27.10/sh. cash.
BEL FUSE CL A	BELFA	4/23/2007	40	TNL sweetens offer to $43/share cash.
GENESCO INC	GCO	4/23/2007	51	Board rejects FL's $46 per share offer.
GENESCO INC	GCO	4/19/2007	50	Says it will consider $46/share takeover offer it received from FL.
CLEAR CHAN COMM	CCU	4/18/2007	36	Says a private equity group co-led by Bain Capital Partners LLC, Thomas H. Lee Partners LP upped its buyout bid to $39 per share in cash from $37.60 in cash.
ESPEED INC'A'	ESPD	4/18/2007	10	Tullett Prebon PLC says it made takeover bid for ESPD of $12 per share, but ESPD parent Cantor Fitzgerald LP rejected it.
GENESIS HEALTH	GHCI	4/18/2007	63	Amends merger pact with affiliates of Formation Capital LLC, JER Partners to increase consideration payable to GHCI holders to $64.25/share in cash from $63.
OMI CORP	OMM	4/18/2007	29	TK, TRMD to buy: $29.25 = OMM.
BCE INC	BCE	4/17/2007	34	Says it exploring its strategic options, has entered into talks with group of leading Canadian pension funds to explore possibility of taking co. private.
INNKEEPERS USA T	KPA	4/16/2007	18	Affiliate of Apollo Investment Corp. to buy: $17.75 = KPA.
SLM CORP	SLM	4/16/2007	55	Investor group led by J.C. Flowers & Co. to buy: $60 = SLM.

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.