Markets & Finance

Boston Scientific to Acquire BEI Medical Systems


BEI Medical Systems (BMED) agrees to be acquired by Boston Scientific (BSX) for $95 million in cash, or $6.84 per share. BEI Medical provides medical products and services focusing on women. (5/14)

Nordstrom (JWN) is in a pact with Benchmark Capital and Madrona Inv. Group whereby JWN will acquire their minority interest in Nordstrom.com for $70 million. (5/14)

Mortgage company CRIIMI MAE (CMM) receives an offer to acquire all outstanding shares of stock for $7.00 per share. (5/14)

Sylvan (SYLN), a worldwide producer and distributor of products for the mushroom industry, retains investment bank Lane, Berry & Co. Intl. to assist with an evaluation of strategic plans and business alternatives designed to enhance shareholder value. (5/14)

Sears (S) agrees to acquire catalog retailer Lands' End (LE) for $1.86 billion, or $62 per share. (5/13)

Natural gas company Canadian Natural Resources (CED) agrees to acquire Rio Alto Exploration for $917.6 million (U.S. dollars) in cash and stock, plus the assumption of debt. Terms: Rio Alto shareholders will have the option of receiving C$18.10 in cash (a maximum of C$850 million) or 0.3468 Canadian Natural share for each Rio Alto share. (5/13)

Dynacare (DNCR) agrees to be be acquired by Laboratory Corp. of America (LH) for about $480 million in cash and stock. Shareholders will get $11.50 cash and 0.1164 LH share per DNCR share. (5/9)

Paradigm Geophysical (PGEO) confirms it is in discussions with a private investment firm about the possible sale of the company. (5/9)


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW

Sponsored Financial Commentaries

Sponsored Links

Buy a link now!

 
blog comments powered by Disqus