Notable Mergers and Acquisitions of the Day 5/23 (HAL, AGL, RBNF)
StreetInsider.com Notable Mergers and Acquisitions of the Day:
- Halliburton (NYSE: HAL) announced that it has made a conditional bid for Expro International Group plc, for $3.36 billion. Halliburton's all-cash bid of $30.14 per share is higher than the $28.36 per share offer made by a consortium led by Candover Partners, which valued Expro at $3.16 billion.
- Angelica Corporation (NYSE: AGL) has signed a definitive merger agreement on May 22, 2008 with a company formed by Lehman Brothers Merchant Banking Partners IV L.P. to acquire Angelica for $22.00 per share in cash. The transaction, which is subject to approval by Angelica shareholders, the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and satisfaction of other customary closing conditions, is expected to close in late summer.
- Rurban Financial Corp. (Nasdaq: RBNF) announced that it has signed an Agreement and Plan of Merger for Rurban to acquire NBM Bancorp, Incorporated and its subsidiary, National Bank of Montpelier, headquartered in Montpelier, Ohio. National Bank of Montpelier has been in operation seventy-five years and at March 31, 2008 had total assets of $109.2 million, loans of $45.4 million, deposits of $89.7 million and shareholders' equity of $18.6 million. Its banking offices are located in Williams County in the cities of Montpelier, Pioneer, West Unity and Bryan, Ohio.
To see all the Mergers & Acquisitions for today in real-time go to http://www.streetinsider.com/Mergers+and+Acquisitions
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