Notable Mergers and Acquisitions of the Day 4/23 (SAF, IDGR, FDS/TRI)
StreetInsider.com Notable Mergers and Acquisitions of the Day:
- Liberty Mutual Group and Safeco Corporation (NYSE: SAF) entered into a definitive agreement pursuant to which Liberty Mutual will acquire all outstanding shares of common stock of Safeco for $68.25 per share in cash.
- Industrial Distribution Group, Inc. (Nasdaq: IDGR) today announced that it has received a definitive offer from affiliates of Luther King Capital Management to acquire all outstanding shares of the Company's stock for a price of $12.10 per share in cash to the Company's stockholders, an increase from LKCM's earlier proposed offer of $11.70.
- FactSet Research Systems Inc. (NYSE: FDS) announced that it has reached an agreement with Thomson Reuters (NYSE: TRI) on the sale of a copy of the Thomson Fundamentals database to FactSet. The sale will include copies of the database, source data, collection software and documentation, collection training materials, as well as the potential for FactSet to acquire certain customer contracts for Thomson Fundamentals and to hire certain key employees connected with the database and related assets. Thomson Reuters retains full ownership of the original Fundamentals database, its trademarks, related source data, collection software and documentation and will continue to operate the database and service its customers, other than those that choose to assign their eligible contracts to FactSet.
To see all the Mergers & Acquisitions for today in real-time go to http://www.streetinsider.com/Mergers+and+Acquisitions
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