We had another active week on the mergers and acquisitions front with four new deals announced and one deal that closed. There were also rumors about further consolidation in the airline industry through a merger of United Airlines (UAUA) and US Airways (LCC). The deal that closed was the acquisition of Comsys IT Partners (CITP) by Manpower (NYSE:MAN).
The four new deals announced include the acquisition of Arena Resources (ARD) by SandRidge Energy (NYSE:SD) for $39 per share in a stock plus cash deal, the acquisition of Symyx Technologies (SMMX) by Accelrys (NASDAQ:ACCL) for $5.55 per share in an all stock transaction, the acquisition of National Dentex (NADX) by GDC holdings for $17/share in an all cash deal and the acquisition of Boots & Coots (WEL) by Halliburton (NYSE:HAL) for $3/share in a stock plus cash deal. Since the Boots & Coots acquisition was announced after market close on Friday, the spread for the deal shows up as 27.66% in the table below.
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