Markets & Finance

Air France and KLM Agree to Merge


Air France and KLM Royal Dutch Airlines (KLM) agreed to merge to become the world's third-biggest airline operator. The proposed Air France-KLM deal is valued at $908.1 million. (9/30)

An affiliate of Fairmont Capital agrees to acquire Garden Fresh Restaurant (LTUS) for $16.35 per LTUS share. (9/30)

Insurer John Hancock Financial (JHF) agreed to be acquired by Canada-based Manulife Financial (MFC) in a stock-for-stock merger worth about $10.3 billion. Terms: 1.1853 MFC for each JHF share. (9/29)

Safeco Corp. (SAFC) says it will sell its life-insurance and investment-management division to focus exclusively on its property-casualty insurance operations. (9/29)

CompUSA agrees to buy Good Guys (GGUY) for $2.05 per GGUY share. (9/29)

NUI Corp. (NUI) puts itself up for sale. (9/26)

UnionBanCal (UB) agrees to buy Business Bancorp (BZBC) for $28.57 cash or 1 UB share for each BZBC share. (9/26)

Right Management Consultants' (RHT) CEO and affiliates offer $17 cash per share for RHT. (9/23)

There's speculation that a supermarket chain plans to buy Wild Oats Market (OATS). (9/23)

Euroweb International (EWEB) is reportedly in talks to be acquired. (9/23)

Bookham Technology agrees to buy New Focus (NUFO) for $190.5 million. (9/22)

Citizens Bank of PA agrees to buy Thistle Group Holdings (THTL) for $26 per share. (9/22)


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