Notable Mergers and Acquisitions of the Day 6/23 (BG/CPO, CMOS/LTXX, BTRX)

StreetInsider.com Notable Mergers and Acquisitions of the Day:

• Bunge Limited (NYSE: BG) and Corn Products International, Inc. (NYSE: CPO) entered into a definitive agreement in which Bunge will acquire Corn Products in an all-stock transaction. The aggregate transaction value is approximately $4.8 billion, including assumption of approximately $414 million of Corn Products' net debt.
  
  Under the terms of the agreement, approved by the Boards of Directors of both companies, Corn Products stockholders will receive common shares of Bunge with a market value of $56.00 for each share of Corn Products common stock that they own.
  
  
• Credence Systems Corporation (Nasdaq: CMOS) and LTX Corporation (Nasdaq: LTXX) entered into a definitive agreement to combine the two companies in a tax-free, all-stock merger of equals.
  
  Under the terms of the agreement, Credence shareholders will receive shares of LTX common stock based on an exchange ratio that will be determined at the closing of the merger to cause Credence shareholders to own 50.02% of the outstanding shares of the combined company and LTX shareholders to own 49.98% of the outstanding shares of the combined company. If the exchange ratio was calculated based on shares outstanding as of June 20, 2008, each outstanding share of Credence common stock would be converted into approximately 0.6133 shares of LTX common stock in the transaction.
  
  
• Stiefel Laboratories signed a definitive merger agreement, pursuant to which Stiefel Laboratories will acquire Barrier Therapeutics, Inc. (Nasdaq: BTRX), through a two-step transaction, a tender offer followed by a merger of Barrier Therapeutics into a wholly-owned subsidiary of Stiefel Laboratories, at a price of $4.15 in cash, per share of Barrier Therapeutics' common stock.
  
  Barrier Therapeutics clsoed at $1.76 on Friday.

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

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