Markets & Finance

MGM Sells Stake in Rainbow Cable Networks to Cablevision


Metro-Goldwyn-Mayer Inc. (MGM) agrees to sell its stake in Rainbow Cable Networks, which includes American Movie Classics, Independent Film Channel and Womens' Entertainment, back to Cablevision Systems (CVC) for $500 million. (6/30)

International Game Technology (IGT) agrees to buy Acres Gaming (AGAM) for $11.50 per AGAM share. (6/30)

DVI Inc. (DVI) says it is reviewing its alternatives. (6/30)

Dean Foods (DF) agrees to fully acquire Horizon Organic (HCOW) for $24 per share. (6/30)

A newly formed corporation owned by Symphony Technology II-A L.P. agrees to buy Information Resources (IRIC) for $3.30 per IRIC share. (6/30)

Heartland Advisors' Eric Miller says Orthologic Corp (OLGC) is a buyout candidate due to its rapid revenue growth: BusinessWeek. (6/27)

New York Community Bancorp (NYB) agrees to buy Roslyn Bancorp (RSLN) for 0.75 NYB share for each RSLN share. (6/27)

Circuit City Stores (CC) rejects $8-per share bid from Carlos Slim Helu Group. (6/26)

Wright Holding Inc. agrees to buy Elder-Beerman Stores (EBSC) for $6.00 per EBSC share. (6/26)

The Wall Street Journal reports that Lehman Brothers (LEH) is in talks to buy Neuberger Berman (NEU) for about $3 billion. (6/26)

Dirk Inc. agrees to buy Troy Group (TROY) for $2.76 per TROY share. (6/25)

Kroll Inc. (KROL) agrees to buy Factual Data (FDCC) for $14 cash, and $3.50 in KROL stock per share. (6/24)

IDEC Pharmaceuticals(IDPH) agrees to buy Biogen Inc. (BGEN) for 1.15 IDEC per BGEN share, in a deal valued at about $6.4 billion. (6/23)

Geac Computer Corp. agrees to buy Comshare, Inc. (CSRE) for US$4.60 per CSRE share. (6/23)


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