Notable Mergers and Acquisitions of the Day 6/13 (BUD, CBS, ESRX)

June 13, 2008 9:39 AM EDT

StreetInsider.com Notable Mergers and Acquisitions of the Day:


  • Reports from the Wall Street Journal, Anheuser-Busch (NYSE: BUD) is in merger talks with Grupo Modelo to fend off InBev bid.

  • TRC Capital Corporation today announced that in view of current financial market conditions, TRC has amended the terms of its tender offer for up to 3 million Class B common shares of CBS Corporation (NYSE: CBS) and has decreased the offer price payable from $22 to $20.55 per share.

    TRC also announced that it has extended its offer until 12:01 a.m. eastern on June 27, 2008, unless further extended.

  • Express Scripts, Inc. (Nasdaq: ESRX) reached an agreement to acquire the workers' compensation pharmacy benefit management business of Medical Services Company from private equity firm, Monitor Clipper Partners, for an undisclosed amount.
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

BUD 64.27

-0.98 -1.50%
Volume: 882,050
Track BUD

CBS 29.90

+0.13 +0.44%
Volume: 5,107,118
Track CBS

ESRX 50.17

-0.11 -0.22%
Volume: 8,320,749
Track ESRX


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