Notable Mergers and Acquisitions of the Day 3/24 (JPM/BSC, MAQ, ID/DMRC)

March 24, 2008 9:46 AM EDT

StreetInsider.com Notable Mergers and Acquisitions of the Day:


  • According to reports from the New York Times, JPMorgan (NYSE: JPM) was in talks this weekend to raise its offer for Bear Stearns (NYSE: BSC), citing people familiar with the matter.

    The paper said JPMorgan may be willing to pay $10 per share for Bear, up from the initial $2 offer that shocked Wall Street last weekend.

  • Marathon Acquisition Corp. (AMEX: MAQ) announced that Global Ship Lease will access the public equity markets through a merger with Marathon valued at approximately $1 billion pursuant to an agreement and plan of merger. Global Ship Lease is a rapidly growing containership charter owner currently a subsidiary of CMA CGM S.A. of France ("CMA CGM"), the world's third largest container shipping company.

  • L-1 Identity Solutions, Inc. (NYSE: ID) entered into a definitive agreement to acquire the ID Systems business of Digimarc Corporation (Nasdaq: DMRC) in a stock and cash transaction valued at approximately $250 million.

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

BSC 25.14

+16.78 +200.72%
Volume: 433,992
Track BSC

DMRC 12.36

-0.34 -2.68%
Volume: 6,627
Track DMRC

ID 7.26

-0.53 -6.80%
Volume: 573,709
Track ID

JPM 32.27

-1.50 -4.44%
Volume: 38,352,125
Track JPM

MAQ 7.33

+0.00 +0.00%
Volume: 0
Track MAQ


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