Markets & Finance

Bertelsmann Agrees to Acquire Napster


German media company Bertelsmann agrees to acquire

online music service Napster. The deal calls for Bertelsmann to pay $8 million to Napster's creditors, according to news reports. Napster's top executives say they will rejoin the company after resigning earlier in the week when Napster's board, controlled by venture capital firm Hummer Winblad, had rejected Bertelsmann's acquisition offers. (5/17)

Factual Data (FDCC) agrees to be acquired by Fidelity National Information Solutions (FNIS) for $13.75 per FDCC share in all cash, or 50% cash and 50% FNIS stock. (5/17)

Liberty Bancorp (LIBB) agrees to be acquired by NSB Holding Corp. for $26.50 cash/share, or about $34.5 million. (5/16)

Boron LePore (BLPG) agrees to be acquired by Cardinal Health (CAH) for $16 cash per share. (5/15)

Chiles Offshore (COD) agrees to be acquired by Ensco International (ESV) for 0.6575 ESV share, $5.25 cash per COD share. (5/15)

Gerber Childrenswear (GCW) agrees to be acquired by Kellwood Co. for cash and stock valued at $6.85 per share. (5/15)


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