Notable Mergers and Acquisitions of the Day 1/30 (MATR, CDE, NUCO)

January 30, 2008 10:01 AM EST

StreetInsider.com Notable Mergers and Acquisitions of the Day:


  • There are rumors going around that Matria Healthcare (Nasdaq: MATR) could receive another takeover bid.

    Tuesday, Matria agreed to be acquired by Inverness Medical Innovations (AMEX: IMA) for $39.00 per share, payable $6.50 in cash plus $32.50 in convertible preferred stock of Inverness.

  • Coeur D'Alene Mines (NYSE: CDE) announced yesterday that it is reviewing strategic alternatives for its Rochester silver and gold mine in Nevada. Such strategic alternatives under consideration could include a possible sale of the subsidiary.

    Dennis E. Wheeler, Coeur's Chairman, President, and Chief Executive Officer said, "We continue to believe that Rochester represents value given the operation's low-costs and remaining exploration potential. That being said, Coeur's primary focus is on maximizing value for our shareholders from our larger, longer-life silver projects in Mexico (Palmarejo) and South America (San Bartolomé, Cerro Bayo, and Martha)."

  • NuCO2 Inc. (Nasdaq: NUCO) signed a definitive merger agreement to be acquired by an affiliate of Aurora Capital Group, in a transaction with a total enterprise value of approximately $487 million. Under the terms of the merger agreement, Aurora will acquire all of the outstanding common stock of NuCO2 for $30.00 per share in cash.

    The purchase price represents a premium of approximately 24.6% over NuCO2's closing share price of $24.08 on January 29, 2008.

To see all the Mergers & Acquisitions for today in real-time go to http://www.streetinsider.com/Mergers+and+Acquisitions


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Stocks Mentioned

CDE 23.17

+0.82 +3.67%
Volume: 3,583,197
Track CDE

IMA 42.19

+0.59 +1.42%
Volume: 639,032
Track IMA

MATR 24.15

+0.00 +0.00%
Volume: 0
Track MATR

NUCO 30.04

+0.00 +0.00%
Volume: 0
Track NUCO


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