Notable Mergers and Acquisitions of the Day 3/24 (JPM/BSC, MAQ, ID/DMRC)
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
Create E-mail AlertRelated Categories
Special ReportsStocks Mentioned
+0.00
-0.13Related Entities
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!
