Notable Mergers and Acquisitions of the Day 4/10 (JPM/BSC, MLNM, PTEC)
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StreetInsider.com Notable Mergers and Acquisitions of the Day:
- JPMorgan (NYSE: JPM) reports it raised its stake in Bear Stearns (NYSE: BSC) to 47.41%.
- Takeda Pharmaceutical Company Limited and Millennium Pharmaceuticals, Inc. (Nasdaq: MLNM) entered into a definitive agreement pursuant to which Takeda will acquire Millennium for approximately $8.8 billion through a cash tender offer of $25.00 per share.
MLNM closed at $16.35 yesterday.
- Phoenix Technologies (Nasdaq: PTEC), the global leader in core systems software, announced that it has signed a definitive agreement to acquire Touchstone Software Corporation (OTCBB: TSSW), a global leader in computer diagnostics and PC update technology. By acquiring Touchstone, Phoenix is positioned to deliver the most complete offering for the deployment and management of PC-related products and services in the PC industry.
To see all the Mergers & Acquisitions for today in real-time go to http://www.streetinsider.com/Mergers+and+Acquisitions
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