Notable Mergers and Acquisitions of the Day 6/6 (GSK/SIRT, CXO, GM)

June 6, 2008 9:50 AM EDT

StreetInsider.com Notable Mergers and Acquisitions of the Day:


  • GlaxoSmithKline (NYSE: GSK) has completed its acquisition of Sirtris Pharmaceuticals, Inc. (Nasdaq: SIRT) for approximately US$720 million through a cash tender offer and merger of US$22.50 per share.

  • Concho Resources Inc. (NYSE: CXO) has entered into a definitive agreement to acquire all the outstanding general partner, limited partner and membership interests of Henry Petroleum and certain affiliated entities, for $565 million in cash, subject to customary closing conditions.

  • Dow Jones is reporting that General Motors (NYSE: GM) could be near a deal to buy Cobasys.

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

CXO 110.73

-1.92 -1.70%
Volume: 722,832
Track CXO

GM 25.50

-0.24 -0.93%
Volume: 9,819,060
Track GM

GSK 44.75

-0.31 -0.69%
Volume: 2,502,156
Track GSK

SIRT 22.50

+0.00 +0.00%
Volume: 0
Track SIRT


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