Notable Mergers and Acquisitions of the Day 9/15: BAC/MER, BBY/NAPS, WAG/LDG, ERTS/TTWO
More News related to BAC
- Bank of America Program Helps 100,000 Subprime, Option-ARM Borrowers Avoid Foreclosure in First 10 Months of Outreach
- Bank of America's Ken Lewis Is Offering to Stay
- Active equity option families in first 30 minutes of trading according to Track Data are: C BAC GE AAPL.
- Top 10 News Items 11/16-11/20: Dell Blows It Again, Geither Gets Roasted on Capitol Hill, Again, IPO's A-Plenty
- Bove Says BofA (BAC) Shareholders Want Lewis Back in CEO Spot
More News related to BBY
- RED Distribution Spearheads Partnership Between SPIN, Best Buy and Napster for the Premiere SPIN Mini-Mag, Available Now at Best Buy!
- 52-Week Highs and Lows: NYSE - BBY, KO, TRA Higher; AVD Low; NASDAQ - AGYS, DTV, NLST, TTIL, HAWK, RMIX Higher
- Why Wait in Line? -- Black Friday Deals Come Early to Best Buy This Year
- J.D. Power and Associates Awards Best Buy(R) Highest Ranked Appliance Retailer of the Year
- Balfour Beatty Construction Recognized For Diversity Efforts With Charlotte Chamber's Belk Innovation in Diversity Award
More News related to CVS
- Brower Piven Encourages Investors Who Have Losses in Excess of $300,000 From Investment in CVS Caremark Corporation to Inquire About the Lead Plaintiff Position in Securities Fraud Class Action Lawsui
- CVS/pharmacy Kicks Off Annual Thanks and Giving(R) Campaign for the St. Jude Children's Research Hospital
- Stull, Stull & Brody Announces Class Action on Behalf of Shareholders of CVS Caremark Corporation
- Shalov Stone Bonner & Rocco LLP Announces Class Action Against CVS Caremark Corporation
- Law Offices Bernard M. Gross, P.C. Filed a Class Action Lawsuit Against Sunpower Corporation -- SPWRA, SPWRB
More News related to Special Reports
- After-Hours Movers 11/23: CNO, RMBS, NUAN, ADI Higher; HAYN, DY, DBLE, CISG, IPAR, KWR Lower
- Trading Radar for 11/24: Heinz (HNZ), Dollar Tree (DLTR), Eaton Vance (EV), Hormel Foods (HRL), J. Crew (JCG) Report
- Afternoon ETF Check: GDX, KBE Higher; UUP Lower
- Unusual 11 Mid-Day Movers 11/23: ABIO, SEED, FNET, CDTI Higher; NYNY, GGR, TTIL, PEET Lower
- Best of the Web 11/23: Suicides On the Rise, U.S. Debt Service Could Top $700B, Really? An Insider Trading Beauty Queen
- The WSJ reported that Bank of America (NYSE: BAC) is buying out Merrill Lynch (NYSE: MER) for $44 billion or $29 a share. On Friday, Merrill Lynch closed just under $17. While Lehman has struggled to stay alive, Bank of America paid a nice 70% premium for Merrill Lynch.
The deal was worked out over intense meetings during the last 48 hours. The boards of the two companies approved the deal Sunday evening, according to people familiar with the matter.
- Best Buy (NYSE: BBY) to acquire Napster (Nasdaq: NAPS) for $2.65 per share. The transaction, with an aggregate purchase price of approximately $121 million (or $54 million net of approximately $67 million in cash and short term investments of Napster as of June 30, 2008), is subject to customary closing conditions
- Late Friday, Walgreens (NYSE: WAG) announced an offer to acquire Longs Drug Stores Corporation (NYSE: LDG) for $75 per share in cash. Walgreens' offer represents a $3.50 per share premium over the proposed acquisition of Longs by CVS/Caremark (NYSE: CVS) announced on Aug. 12.
- After the close Friday, Electronic Arts Inc. (NASDAQ: ERTS) announced that it has terminated merger discussions with Take-Two Interactive Software (NASDAQ: TTWO).
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