Takeover Talk November 16, 2006, 4:49PM EST

Clear Channel Agrees to be Acquired

Reader's Digest will also be bought by private equity firms, and more deal news

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Deals in the news

Company	Symbol	Date	Price	Comment
CLEAR CHANNEL COMMUNICATIONS	CCU	11/0017/2006	35	Thomas H. Lee Partners, Bain Capital to buy: $37.60 = CCU.
READER'S DIGEST	RDA	11/16/2006	17	Ripplewood Holdings LLC to buy: $17 = RDA.
ELKCORP	ELK	11/16/2006	36	Says it will review $35/share bid from Building Materials Corp. of America.
RECKSON ASSOCIATES	RA	11/16/2006	48	WSJ says Carl Icahn, Macklowe Properties preparing $4.6B bid for RA, potentially spoiling its takeover deal with SLG.
DELTA AIR LINES	DALRQ	11/15/2006	2	LCC offers to buy for $8B in cash, stock.
EMBREX INC	EMBX	11/15/2006	17	Animal health division of PFE to buy: $17 = EMBX.
RAILAMERICA INC	RRA	11/15/2006	16	Fortress Investment Group LLC to buy: $16.35 = RRA.
SERVICEMASTER CO	SVM	11/16/2006	12	WSJ reports private equity firms circling SVM... Says some on Wall Street talking about co. as being "in play," some think mgmt-led buyout is another possibility.
CLEAR CHANNEL	CCU	11/14/2006	34	CCU board weighing two bids that could lead to buyout valued at nearly $18B, plus assumption of $8B in debt.: WSJ.
GOLF GALAXY	GGXY	11/14/2006	18	DKS to buy: $18.82 = GGXY.
NETOPIA INC	NTPA	11/14/2006	7	MOT to buy: $7 = NTPA.
TIMBERLAND CO	TBL	11/14/2006	31	Co. exploring plan to sell itself: WSJ.
EDDIE BAUER HLDG	EBHI	11/13/2006	9	Eddie B Holding Corp. to buy: $9.25 = EBHI.
GIANT INDUSTRIES	GI	11/13/2006	76	WNR reduces $83/share bid to $77/share.
SOLEXA INC	SLXA	11/13/2006	13	ILMN to buy SLXA for $14 in ILMN stock per SLXA share, subject to collar.
TANOX INC	TNOX	11/10/2006	20	DNA to buy: $20 = TNOX.

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