Notable Mergers and Acquisitions of the Day 05/12: (WEBM) (EXC) (CERN)

• WebMediaBrands Inc. (Nasdaq: WEBM) today announced that it has acquired all of the shares of Inside Network Inc. of Palo Alto, California.
  
  Justin Smith, founder of the Inside Network, will continue to operate the business and will become WebMediaBrands’ Vice President, Social Media and a member of its board of directors.
  
  Terms for the transaction included payment of $7.5 million in cash and 4,183,130 shares of the common stock of WebMediaBrands.
  
  
• Exelon Corporation (NYSE: EXC) agreed to acquire Wolf Hollow, which is a combined-cycle natural gas-fired power plant in north Texas, from Sequent Wolf Hollow LCC.
  
  Wolf Hollow will be purchased for $305 million.
  
  The transaction adds 720 megawatts (MW) of clean energy to Exelon’s fleet in the competitive Electric Reliability Council of Texas power market, where the company already owns and operates three other natural gas-fired power plants.
  
  
• Cerner Corporation (Nasdaq: CERN) has entered into an agreement to acquire Resource Systems.
  
  The acquisition is anticipated to close in May of 2011 and is not expected to have a material impact on Cerner's 2011 financial results.
  
  From the release: "Resource Systems' solutions are complementary to Cerner's current long-term care offerings, allowing the company to offer enhanced value through improved reimbursement and better resident care to clients in the long-term care marketplace."

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