Markets & Finance

Gramercy Capital Agrees to Acquire American Financial Realty


From Standard & Poor's Equity Research

Deals in the news

Company

Symbol

Date

Price

Comment

WASHINGTON GROUP INTERNATIONAL, INC.

WNG

11/5/2007

95.9

URS, WNG amend agreement under which URS will acquire WNG. New terms increase consideration to be received by WNG stockholders to $3.2B ($97.89 per share), provides them with the ability to elect to receive cash, stock or cash and stock for their shares.

ALFA CORP.

ALFA

11/5/2007

21.5

Says Alfa Mutual Insurance Company and Alfa Mutual Fire Insurance Company (Alfa Mutual Group) to acquire all of the outstanding shares of ALFA's common stock that it does not currently own for $22.00 per share.

AMERICAN FINANCIAL REALTY TRUST

AFR

11/5/2007

8

GKK to buy: $5.50 cash, 0.12096 GKK share per AFR share.

GB&T BANCSHARES, INC.

GBTB

11/2/2007

10.7

Agrees to be acquired by STI. GTBT holders to get 0.1562 STI shares per GTBT share held.

CANETIC RESOURCES TRUST

CNE

10/31/2007

16

Agrees to be acquired by PWE. Terms: 0.515 PWE unit for each CNE unit on a tax-deferred basis for Canadian and U.S. tax purposes.

FIRST CONSULTING GROUP, INC.

FCGI

10/31/2007

13

Agrees to be acquired by CSC for $13 per share.

COMMERCE GROUP, INC.

CGI

10/31/2007

37

Agrees to be acquired by Spain's Mapfre SA for $36.70 per share.

BRADLEY PHARMACEUTICALS, INC.

BDY

10/30/2007

20

Agrees to be acquired by Nycomed for $20 per share.

E-Z-EM, INC.

EZEM

10/30/2007

20

Agrees to be acquired by Bracco Diagnostics Inc. for $21 per share.

BIOGEN IDEC INC.

BIIB

10/29/2007

74

Icahn is pushing for BIIB to be sold to another drug concern, which could pay a higher price for the biotech firm's pipeline: WSJ.com.

BEA SYSTEMS, INC.

BEAS

10/29/2007

17

ORACLE's offer to acquire BEAS for $17 per share expired Oct. 28, 2007, at 5:00 pm. Separately, BEAS sent a letter to Carl Icahn, stating that BEAS mgmt felt ORCL's $17/share bid was unacceptable because "it significantly undervalues BEA." BEAS said it was prepared to authorize talks to sell at $21 per share.


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