Notable Mergers and Acquisitions of the Day 10/19: CSCX, DIET, GNW

• Cardiac Science Corporation (Nasdaq: CSCX) and Opto Circuits (India) Limited announced that they have entered into an agreement whereby Opto will acquire all outstanding shares of Cardic Science for a consideration of $2.30 per share.
  
  Piper Jaffray acted as financial advisor to Cardiac Science and delivered a fairness opinion to Cardiac Science's board of directors. Perkins Coie LLP served as outside legal counsel to Cardiac Science, while Quarles & Brady LLP served as outside legal counsel to Opto Circuits.
  
  The transaction is expected to close in Q410.
  
  
• eDiets.com, Inc. (Nasdaq: DIET) announced that it has retained Craig-Hallum Capital Group LLC to assist management in exploring the divesture of certain non-strategic assets.
  
  
• Genworth Financial, Inc. (NYSE: GNW) announces the $35 million acquisition of the Altegris companies.
  
  Altegris will bring about $2 billion in client assets to the deal.
  
  Additional performance-based compensation will be considered for Altegris.
  
  The target date for closing the transaction is year-end 2010.

To keep up on all the Mergers & Acquisitions data in real-time, go to our new Mergers and Acquisitions Central page.

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