Notable Mergers and Acquisitions of the Day 8/12 (MIDD/OVEN, EVEP, CSR)

StreetInsider.com Notable Mergers and Acquisitions of the Day:

• The Middleby Corporation (NASDAQ: MIDD) executed a definitive agreement to acquire TurboChef Technologies, Inc. (NASDAQ: OVEN), in a cash and stock transaction valued at approximately $200 million, including TurboChef net cash of approximately $5 million as of June 30, 2008.
  
  Under the terms of the Merger Agreement, which has been approved by the Board of Directors of both companies, holders of TurboChef’s common shares will receive a combination of $3.67 in cash and 0.0486 Middleby shares of common stock per TurboChef share. The implied value per TurboChef share is $6.47 based on the closing price of Middleby’s common stock as of August 11, 2008.
  
  Shares of OVEN closed at $5.60 per share yesterday.
  
  
• EV Energy Partners, L.P. (Nasdaq: EVEP) announced that it has entered into four agreements to acquire natural gas and oil properties in the San Juan Basin, Mid-Continent (Oklahoma, Texas Panhandle and Kansas), Eastland County, Texas and West Virginia for $202.7 million. The acquisitions, which have been approved by the Board of Directors, are expected to close between the end of August and mid-September, and are subject to customary closing conditions and purchase price adjustments.
  
  
• China Security & Surveillance Technology, Inc. (NYSE: CSR) today announced that its wholly owned subsidiary, Safetech, has entered into an equity transfer agreement with Wenyan Zeng, the sole owner of Huge Long Limited pursuant to which Safetech will purchase 100% ownership of Huge Long through a series of transactions.
  
  The deal is totaled at $21.3 million, consisting of $14.9 million in cash and $6.4 million in China Security shares of common stock.

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

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