Notable Mergers and Acquisitions of the Day 8/8 (MIVA)

August 8, 2008 9:47 AM EDT

StreetInsider.com Notable Mergers and Acquisitions of the Day:


  • blinkx plc delivered a letter to the Board of Directors and CEO of MIVA, Inc. (NASDAQ: MIVA) in which blinkx proposes to acquire MIVA for a cash consideration of $1.20 per share.

    blinkx believes the proposal is highly attractive for MIVA shareholders. blinkx's proposal represents a 54% premium above the closing price of MIVA common stock of $0.78 on August 7, 2008, and a 36% premium over the average closing price for the one month prior to August 7, 2008.
To see all the Mergers & Acquisitions for today in real-time go to http://www.streetinsider.com/Mergers+and+Acquisitions


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