Notable Mergers and Acquisitions of the Day 1/28 (IMA, MATR, CME, NMX, EBAY)
StreetInsider.com Notable Mergers and Acquisitions of the Day:
- Inverness Medical Innovations (AMEX: IMA) and Matria Healthcare, Inc. (Nasdaq: MATR) entered into a definitive agreement pursuant to which Inverness will acquire all outstanding shares of common stock of Matria for $39.00 per share, payable $6.50 in cash plus $32.50 in convertible preferred stock of Inverness (convertible at $69.32, a premium of 30% over the prior five day closing average price of Inverness shares) or, at the election of Inverness, in cash.
- CME Group, Inc. (NYSE: CME) and NYMEX Holdings, Inc. (NYSE: NMX) confirmed that they are engaged in preliminary discussions regarding CME Group's potential acquisition of NYMEX.
The parties have agreed to a 30 day exclusive negotiating period. Under the terms being discussed, shareholders of NYMEX would receive $36 in cash and 0.1323 of a share of CME Group's common stock (the exchange ratio), in exchange for each NYMEX share.
CME Group expects to maintain trading floors in the New York City metropolitan area. The potential transaction also contemplates that NYMEX will repurchase the 816 New York Mercantile Exchange memberships upon closing of the potential acquisition for an aggregate purchase price not to exceed $500 million.
- eBay Inc. (Nasdaq: EBAY) announced that its PayPal unit has agreed to acquire Fraud Sciences Ltd., a privately-held Israeli company with expertise in online risk tools, in a cash transaction with an aggregate transaction value of approximately $169 million.
To see all the Mergers & Acquisitions for today in real-time go to http://www.streetinsider.com/Mergers+and+Acquisitions
Related Categories
Special ReportsStocks Mentioned
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
