Notable Mergers and Acquisitions of the Day 4/10 (JPM/BSC, MLNM, PTEC)

April 10, 2008 9:45 AM EDT

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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Stocks Mentioned

BSC 10.24

-0.06 -0.58%
Volume: 1,152
Track BSC

JPM 41.74

+0.34 +0.82%
Volume: 61,489,597
Track JPM

MLNM 24.97

+0.00 +0.00%
Volume: 0
Track MLNM

PTEC 2.70

+0.02 +0.75%
Volume: 109,354
Track PTEC

TSSW 3.65

+0.00 +0.00%
Volume: 100
Track TSSW


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