Markets & Finance

Kerr-McGee Agrees to Acquire Westport Resources


Kerr-McGee (KMG) agreed to acquire Westport Resources (WRC) in a $3.4 billion deal. Terms: 0.71 KMG share for each WRC share. (4/7)

Lockheed Martin (LMT) amended its merger agreement with Titan Corp. (TTN). Titan shareholders will receive $20 in cash for each share held. If the merger is not completed by June 25, either Lockheed or Titan may terminate the agreement. (4/7)

MeriStar Hospitality (MHX) agrees to acquire Ritz-Carlton Pentagon City for $93 million. (4/7)

Barra Inc. (BARZ) agreed to be acquired by Morgan Stanley (MWD) for $41 per share in cash, or about $816.4 million. (4/6)

Minuteman International (MMAN) says shareholder Hako-Werke International GmbH offered to buy the remainder of the company at $12.85 per share. (4/6)

Attentus Healthcare ups $4 per share bid for SunLink Health Systems (SSY) to $5. (4/6)

J.C. Penney (JCP) says it has sold its Eckerd drugstores in the Northeast and mid-Atlantic states for $2.375 billion to the Jean Coutu Group. CVS (CVS) will to acquire the Eckerd drugstores in the South and Eckerd's pharmacy benefits management and mail order business for $2.15 billion. (4/5)

WellChoice (WC) is negotiating to buy Oxford Health Plans (OHP) in an all stock deal, according to the Wall Street Journal. (4/5)

First Niagra Financial Group (FNFG) agrees to buy Hudson River Bancorp (HRBT) for $19.63 in stock or cash or a combination of both per HRBT share. (4/2)

Wesbanco (WSBC) agrees to buy Western Ohio Financial Corp. (WOFC). Tems: 1.18 WSBC share, or $35 per WOFC share. (4/2)

IAMgold Corp. (IAG) agrees to merge with Wheaton River Minerals (WHT). Each WHT share will be swapped for 0.55 IAG share, with IAG holders ending up with 32% of the combined company (3/31)

Circuit City Stores (CC) agrees to buy Intertan (ITN) for $14 per share. (3/31)

Maxwell Shoe (MAXS) urges shareholders to reject the $20 per share unsolicited bid from Jones Apparel Group (JNY). (3/30)


American Apparel's Future
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

Sponsored Financial Commentaries

Sponsored Links

Buy a link now!

 
blog comments powered by Disqus