Notable Mergers and Acquisitions of the Day 6/16 (XMSR/SIRI, SRVY, LNY)

June 16, 2008 9:54 AM EDT

StreetInsider.com Notable Mergers and Acquisitions of the Day:

• According to reports from the Wall Street Journal, the FCC has proposed that the agency approve the merger of XM Satellite Radio Holdings Inc. (Nasdaq: XMSR) and Sirius Satellite Radio Inc. (Nasdaq: SIRI), with a final vote in as little as three weeks if several conditions are met.
  
  The Journal said conditions of the deal include a plan designed to protect consumers from price increases for satellite-radio service and receivers.
  
  
• Greenfield Online, Inc. (Nasdaq: SRVY) entered into a merger agreement to be acquired by an entity affiliated with Quadrangle Group LLC, a private investment firm focused on the media and communications industries.
  
  Under the terms of the merger agreement, Quadrangle will acquire all of the outstanding common stock of Greenfield Online, Inc. for $15.50 per share in cash, or a total equity value of approximately $426 million. The purchase price represents a premium of approximately 17% over the Company's closing share price of $13.28 on June 13, 2008.
  
  
• Landry's Restaurants, Inc. (NYSE: LNY) entered into a definitive agreement with Fertitta Holdings, Inc. pursuant to which Fertitta has agreed to acquire all of the Company's outstanding common stock for $21.00 per share in cash.

To see all the Mergers & Acquisitions for today in real-time go to http://www.streetinsider.com/Mergers+and+Acquisitions

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