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

FREE Breaking News Alerts from StreetInsider.com!

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

Special Reports

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!