Markets & Finance

Webster Financial Agrees to Acquire FirstFed American


FirstFed American Bancorp (FAB) agrees to be acquired by Webster Financial Corp. (WBS) in deal valued at about $465 million. Terms: $24.50 per FAB share in cash, or 0.5954 WBS share per FAB share. (10/7)

North Coast Energy (NCEB) says it receives several third party proposals to acquire the company, but says the prices reflected in these proposals are below the stock's recent market trading prices.

Mesa Air Group (MESA) plans to offer to acquire Atlantic Coast Airlines (ACAI) in a $512 million deal that would create the largest U.S. regional airline. (10/6)

FTD Inc. (FTDI) agrees to be acquired by a private equity fund in a deal valued at about $420 million. Los Angeles-based Green Equity Investors LP, an affiliate of Leonard Green & Partners, will pay existing FTD shareholders $24.85 per share. (10/6)

Majority owner UnitedGlobalCom (UCOMA) offers to buy 100% of UGC Europe (UGCE). Terms: 9 UCOMA shares for each UGCE share. (10/6)

Savient Pharmaceuticals (SVNT) says it is in talks about possibly being acquired by Teva Pharmaceutical (TEVA) for about $6 per share. (10/3)


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