| Date | Acquiring Company | Target Company | Terms | Premium | Expected Closing Date | More Information |
| 3/19/10 | Valeant Pharmaceuticals International |
Branded Generics/OTC Company
| N/A | N/A | Q2'10 | Valeant Pharmaceuticals International said it will buy private branded generics and over the counter, or OTC, company located in Brazil for about US$28 Mln. A large portion of the company's product portfolio is in dermatology. The company had annual sales of about US$19 Mln in 2009. In a separate transaction, Valeant will acquire a new 165K square foot manufacturing plant approved to produce solids, semi-solids and liquids for approximately US$28 Mln. Both transactions will be collectively accre |
| 3/18/10 | Teva Pharmaceutical Industries Ltd |
ratiopharm
| €3.625 Bln | N/A | Year-End 2010 | Teva Pharmaceutical Industries Ltd. Said it will buy ratiopharm, Germany's second largest generics producer and the sixth largest generic drug company worldwide, for €3.625 Bln. Upon completion of the acquisition, Teva expects synergies of at least US$400 Mln or € 300 Mln, which should be fully realized within three years. The transaction is expected to be earnings accretive within three quarters after closing, based on earnings per share according to U.S. GAAP reporting. The company said that t |
| 3/18/10 | Amex Exploration Inc. |
Blue Note Mining Inc.
| N/A | N/A | N/A | Amex Exploration Inc. inked into a pact to acquire a subsidiary of Blue Note Mining Inc.
Financial Terms of this acquisitions are not disclosed. |
| 3/17/10 | Eastman Chemical |
Genovique Specialties Corporation
| N/A | N/A | N/A | Eastman Chemical to buy Arsenal Capital Partners' portfolio company Genovique Specialties Corp. Eastman Chemical expects this transaction is to be accretive to its full-year 2010 EPS. The acquisition is expected to be completed after receipt of required regulatory approvals and satisfaction of other customary closing conditions. It is expected to be funded with available cash.Genovique today has annual revenues of $135 Mln with manufacturing sites in North America, Europe and Asia. Terms of the |
| 3/17/10 | Medical Connections Holdings, Inc. |
Trustaff Management Inc.
| N/A | N/A | N/A | Medical Connections Holdings Inc. said that it will buy all of the issued and outstanding capital stock of Trustaff Management Inc., an Ohio corporation and its five wholly-owned limited liability companies. Trustaff is a national health care staffing company with approximately 100 corporate staff supporting 500 healthcare professional working at various clients throughout the United States. |
| 3/17/10 | GILAT SATELLITE NW |
Raysat Antenna Systems
| $25 Mln | N/A | 4 - 6 Months | Gilat Satellite Networks Ltd. (GILT) has entered into a definitive agreement to acquire Raysat Antenna Systems.
The consideration for the acquisition is $25 million in cash.
The acquisition is not expected to have a significant effect on Gilat's 2010 outlook with respect to earnings.
This acquisition is expected to be completed within four to six months. |
| 3/17/10 | Yahoo! Inc. |
Citizen Sports
| N/A | N/A | Q2 10 | Yahoo Inc. (YHOO) has signed a definitive agreement to acquire Citizen Sports a company that brings the world of sports to fans.
Financial Terms of this acquisition are not disclosed.
Yahoo! expects to complete this acquisition in the second quarter of 2010. |
| 3/16/10 | Kinross Gold Corp |
Underworld Resources Inc
| Cash & Stock | N/A | N/A | Kinross Gold Corp. said that it will buy Underworld Resources Inc. As per deal, for each Common Share of Underworld, Kinross will offer 0.141 of a Kinross common share, plus C$0.01 in cash. In addition, Underworld's directors and senior management have entered into lock-up deals with Kinross pursuant to which they have agreed to tender their Common Shares to the offer. It is expected that if Kinross buys at least two-thirds of Shares, Kinross will take steps to buy all outstanding Shares not acq |
| 3/16/10 | Sigma-Aldrich Corp |
Ace Animals, Inc.
| N/A | N/A | N/A | Sigma-Aldrich said it will buy Ace Animals, Inc., a Berks County, PA.-based provider of high quality research rodents to the biomedical industry. Ace Animals a commercial rodent breeder established in 1973, offers high quality products and contract breeding services, and will operate as part of Sigma Advanced Genetic Engineering Labs, a Sigma Life Science initiative. Terms and conditions of the agreement were not disclosed. Closing is expected shortly. |
| 3/16/10 | Massey Energy Co |
Cumberland Resources Corp.
| $960 Mln Cash&Stock | N/A | Q2'10 | Massey Energy said it will buy privately held coal producer, Cumberland Resources Corp. and its affiliated companies for $960 Mln in a combined cash and stock transaction. Massey would acquire Cumberland free of debt. On a pro-forma basis, after adding the Cumberland reserves, Massey would have an estimated total reserve base of 2.9 Bln tons. As per the deal, the total consideration to be paid by Massey is $960 Mln, consisting of $640 Mln in cash and $320 Mln in shares of Massey's common stock. |
| 3/16/10 | Emdeon Inc. |
Healthcare Technology Management Services
| $11 Mln | N/A | March | Emdeon Inc. signed a definitive deal to buy Healthcare Technology Management Services for $11 Mln. An amount of $8.5 Mln is to be in cash and $2.5 Mln in restricted Emdeon Class A common stock, with additional contingent payments of $0 to $14 Mln in cash.
The acquisition is subject to certain closing conditions and is expected to close this month. |
| 3/15/10 | Phillips-Van Heusen Corp |
Tommy Hilfiger B.V.,
| $3.0 Bln | N/A | Q2'10 | Phillips-Van Heusen Corporation said it will buy Tommy Hilfiger B.V., which is controlled by funds affiliated with Apax Partners L.P., for total consideration of €2.2 Bln or about $3.0 Bln plus the assumption of €100 Mln in liabilities. The consideration includes €1.924 Bln in cash and € 276 Mln in PVH common stock. The combination will create one of the world's largest and most profitable apparel companies; a global business with combined revenue of approximately $4.6 Bln. PVH expects earnings |
| 3/15/10 | CONSOL Energy Inc. |
Dominion Resources' Appalachian exploration and production business
| $3.475 Bln In Cash | N/A | April 30 | Dominion Resources Inc. said it agreed to sell its Appalachian exploration and production business to a newly-formed subsidiary of Consol Energy for a total of $3.475 Bln. The transaction includes the rights to about 491K acres in the Marcellus formation. Estimated after-tax proceeds of $2.2 billion to $2.4 billion, depending on the final tax determination, should enable Dominion to offset its equity needs for 2010 and 2011, fund the revenue credits to Dominion Virginia Power customers included |
| 3/15/10 | PEGASYSTEMS INC |
Chordiant Software, Inc.
| $161.5 Mln | N/A | Q2 CY10 | Pegasystems Inc., (PEGA) & Chordiant Software, Inc.(CHRD) entered into a definitive agreement for Pegasystems to acquire Chordiant.
Pegasystems will make a cash tender offer of $5.00 per share for all outstanding shares of Chordiant common stock for a total purchase price of up to approximately $161.5 million.
we expect this transaction to be accretive by as much as $0.03 to Pegasystems' 2010 earnings per share and by as much as $0.20 to Pegasystems' 2011 earnings per share.
The trans |