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Merger activity decreased significantly last week with just one new deal being announced, one deal modified and four deals closing. A deal that was long rumored was also announced on Sunday when French drug maker Sanofi-Aventis (NYSE:SNY) disclosed its $18.5 billion bid for Genzyme (GENZ) for $69 in cash.

Based on feedback received, we have modified the format of these posts and we hope that you find this new format useful.

Deal Statistics:

Total Number of Deals Closed in 2010 60
Total Number of Deals That Did Not Complete in 2010 2
Total Number of Pending Deals
Cash Deals 47
Stock Deals 9
Stock & Cash Deals 12
Total Number of Pending Deals 68


New Deals:

The acquisition of Diamond Management & Technology Consultants (DTPI) by PricewaterhouseCoopers for a closing value of $378 million at $12.50 per share in cash.

Closed Deals:

  1. The acquisition of TTI Telecom (TTIL) by TEOCO Corporation on August 23, 2010
  2. The acquisition of Eclipsys Corporation (ECLP) by Allscripts – Misys Healthcare (NASDAQ:MDRX) on August 25, 2010
  3. The acquisition of RCN Corporation (RCNI) by ABRY Partners on August 26, 2010
  4. The acquisition of Smith International (SII) by Schlumberger on August 27, 2010

Modified Deals:

The acquisition of 3PAR (NYSE:PAR) by Hewlett-Packard Company (NYSE:HPQ) for a closing value of $2 billion at $30 per share in cash. After a whole week of bidding war, 3PAR accepted HP’s superior bid. Dell (NASDAQ:DELL) now has three days to come back with a counter offer.

A Short History of the Dell-HP-3PAR Saga:

Top 10 Deals With the Largest Spreads:

Symbol Acquiring Company Closing Price Last Price Closing Date Profit Annu. Profit
TLCR Grifols (GRF.MC) $26.59 $22.22 12/31/2010 19.64% 58.30%
SSE Naugatuck Valley Financial Corp (NVSL) $7.25 $6.09 09/30/2010 19.05% 224.27%
EMMS JS Acquisition and Alden Global Capital (N/A) $2.40 $2.0206 09/30/2010 18.78% 221.08%
NAL First Niagara Financial Group (FNFG) $14.09 $12.79 05/15/2011 10.16% 14.38%
ALY SeaDrill (N/A) $4.25 $3.87 12/31/2010 9.82% 29.14%
AYE FirstEnergy (FE) $24.45 $22.56 03/31/2011 8.39% 14.37%
ATBC Jacksonville Bancorp (JAXB) $2.32 $2.15 09/30/2010 7.91% 93.10%
Q Century Link (CTL) $6.01 $5.64 04/21/2011 6.57% 10.24%
NRGP Inergy (NRGY) $29.59 $28.16 12/31/2010 5.08% 15.08%
BGH Buckeye Partners LP (BPL) $44.17 $42.10 12/31/2010 4.91% 14.58%


List of All Pending Deals:

Symbol Announced
Date
Acquiring

Company

Closing
Value
Closing
Price
Last

Price

Closing
Date
Profit Annu.
Profit
TLCR 06/07/2010 Grifols (GRF.MC) $3.4 billion $26.59 $22.22 12/31/2010 19.64% 58.30%
Details of Talecris
Expected to close by the end of the year for a closing value of $3.4 billion. On the completion of the merger Grifols will pay $19 in cash and 0.641 newly issued, nonvoting shares for each share of Talecris.
SSE 02/23/2010 Naugatuck Valley Financial Corp (NVSL) $19.5 million $7.25 $6.09 09/30/2010 19.05% 224.27%
Details of Southern Connecticut Bancorp In
Expected to close by the third calendar quarter of 2010, for a closing value of $19.5mn @ $7.25/share. The Cash/stock election is subject to proration
EMMS 05/25/2010 JS Acquisition and Alden Global Capital (N/A) $3 billion $2.40 $2.0206 09/30/2010 18.78% 221.08%
Details of Emmis Communications Corporatio
Expected to close in the third quarter of 2010 for a closing value of over $3bn. On the completion of the merger, Emmis Communications shareholders will receive $2.40 per share in cash.
NAL 08/19/2010 First Niagara Financial Group (FNFG) $1.5 billion $14.09 $12.79 05/15/2011 10.16% 14.38%
Details of New Alliance Bancshares

Expected to close in early second quarter of 2011 for a closing value of $1.5 billion. On the completion of the merger, New Alliance shareholders will receive $14.09 per share in cash.

ALY 08/12/2010 SeaDrill (N/A) $890 million $4.25 $3.87 12/31/2010 9.82% 29.14%
Details of Allis-Chalmers Energy, Inc.
Expected to close by the end of the year 2010 for a closing value of $890 million. On the completion of the merger, Allis-Chalmers shareholders will get $4.25 in cash or 1.15 Seawell shares for each shares of Allis-Chalmers, subject to proration if more than 35% of the shares elect to receive cash.
AYE 02/11/2010 FirstEnergy (FE) $8.5 billion $24.45 $22.56 03/31/2011 8.39% 14.37%
Details of Allegheny Energy, Inc. Common S
Expected to close by March 31, 2011 for a closing value $8.5bn. It is a stock based transaction @ 0.667 share of FE
ATBC 05/10/2010 Jacksonville Bancorp (JAXB) N/A $2.32 $2.15 09/30/2010 7.91% 93.10%
Details of Atlantic BancGroup Inc
Expected to close in the third quarter of 2010. If the merger is completed, Atlantic BancGroup shareholders will receive 0.2 shares of Jacksonville Bancorp common stock for each share of Atlantic BancGroup common stock held, plus up to approximately $0.65 per share in cash, subject to the qualifying sale of certain Atlantic BancGroup assets.
Q 04/22/2010 Century Link (CTL) $10.6 billion $6.01 $5.64 04/21/2011 6.57% 10.24%
Details of Qwest Communications Internatio

Expected to close in the first half of 2011for a value of $10.6bn. Under the terms of the agreement, Qwest shareholders will receive 0.1664 CenturyLink shares for each share of Qwest common stock they own at closing.

NRGP 08/09/2010 Inergy (NRGY) $2.07 billion $29.59 $28.16 12/31/2010 5.08% 15.08%
Details of Inergy Holdings
Expected to close in the fourth quarter of 2010 for a closing value of $2.07 billion in an all-stock deal. On the completion of the merger Inergy Holdings shareholders will receive 0.77 NRGY common units in exchange for each NRGP common unit they own.
BGH 06/11/2010 Buckeye Partners LP (BPL) $1.14 billion $44.17 $42.10 12/31/2010 4.91% 14.58%
Details of Buckeye GP Holdings
Expected to close in the fourth quarter of 2010 for a closing value of $1.14 billion. Under the deal, for each Buckeye GP unit, holders will get 0.705 Buckeye Partners units.
CCBP 08/09/2010 F.N.B. Corporation (FNB) $70 million $37.98 $36.52 12/31/2010 4.00% 11.88%
Details of Comm Bancorp
Expected to close in the fourth quarter of 2010 for a closing value of $70 million. On the completion of the merger Comm Bancorp shareholders will receive 3.4545 shares of F.N.B. common stock and $10.00 in cash for each share of Comm Bancorp held.
VETS 06/02/2010 VCA Antech Inc (WOOF) $41.25 million $0.34 $0.3272 09/30/2010 3.91% 46.06%
Details of PET DRx Corp

Expected to close by the third quarter of 2010 for a closing value of $41.25mn. On the completion of the mergerPet DRx shareholders are expected to receive $0.34 – $0.36 per share in cash.

ATAC 07/19/2010 Genco Distribution System Inc. (N/A) $513 million $25.00 $24.15 12/31/2010 3.52% 10.44%
Details of ATC Technology
Expected to close by the fourth quarter of 2010 for a closing value of $513 million. On the completion of the merger, ATC shareholders will receive $25 per share in cash.
PINN 02/24/2010 Investor Group lead by Scotia Waterous (NYSE:USA) (N/A) $11 million $0.34 $0.33 08/21/2010 3.03% 0.00%
Details of Pinnacle Gas Resources, Inc.
Expected to close by the second quarter of 2010 for a closing value of $11mn. It is a cash deal @ $0.34 per share
PTV 08/17/2010 Reynolds Group Holdings (N/A) $6 billion $33.25 $32.30 12/31/2010 2.94% 8.73%
Details of Pactiv Corporation
Expected to close by the end of the year for a closing value of $6 billion. On the completion of the merger, shareholders of Pactiv Corporation will receive $33.25 per share in cash.
BNE 02/24/2010 RR Donnelley (RRD) $481 million $11.50 $11.18 09/30/2010 2.86% 33.70%
Details of Bowne & Co., Inc. Common Stock

Expected to close by the second half of 2010 for a closing value of $481mn. It is a cash deal @ $11.50 per share

BXC 07/22/2010 Cerberus Capital Management (N/A) $111.1 million $3.40 $3.31 12/31/2010 2.72% 8.07%
Details of BlueLinx Holdings Inc.
Expected to close in the fourth quarter of 2010 for a closing value of $111.1 million. On the completion of the merger, BXC shareholders will receive $3.40 per share in cash.
ALOY 06/24/2010 ZelnickMedia (N/A) $126.5 million $9.80 $9.57 12/31/2010 2.40% 7.13%
Details of Alloy
Expected to close in the fourth quarter of 2010 for a closing value of $126.5 million. On the completion of the merger, shareholders of Alloy Inc. will receive $9.80 per share in cash.
SMTB 07/15/2010 People's United Financial Inc. (PBCT) $60 million $3.83 $3.74 12/31/2010 2.38% 7.06%
Details of Smithtown Bancorp Inc
Expected to close in the fourth quarter of 2010, for a closing value of $60 million. On the completion of the merger, Smithtown Bancorp shareholders will receive 0.1430 shares of People's United common stock and $2.00 in cash.
DIVX 06/02/2010 Sonic Solutions (SNIC) $323 million $7.85 $7.69 09/30/2010 2.04% 23.97%
Details of DivX
Expected to close by the third quarter of 2010 for a cosing value of $323mn. On the completion of the merger, DivX shareholders will receive $3.75 in cash and 0.514 shares of Sonic Solutions common stock for each share of DivX they hold.
PMACA 06/10/2010 Old Republic International (ORI) $228 million $7.02 $6.88 09/30/2010 2.01% 23.62%
Details of PMA Capital

Expected to close in the third quarter of 2010 for a closing value of $228 million. As part of the agreement, Old Republic will issue 0.55 shares of its common stock in exchange for each outstanding common share of PMA.

MFE 08/19/2010 Intel Corporation (INTC) $7.68 billion $48.00 $47.10 12/31/2010 1.91% 5.67%
Details of McAfee
Expected to close once McAfee shareholder approval and regulatory clearance is gained for a closing value of $7.68 billion. On the completion of the merger, McAfee shareholders will receive $48 per share in cash.
PTEC 08/17/2010 Marlin Equity Partners (N/A) $139 million $3.85 $3.78 12/31/2010 1.85% 5.50%
Details of Phoenix Technologies Ltd.
Expected to close by the end of the year for a closing value of $139 million. On the completion of the merger, shareholders of Phoenix Technologies will receive $3.85 per share in cash.
PTEC 08/17/2010 Marlin Equity Partners (N/A) $139 million $3.85 $3.78 12/31/2010 1.85% 5.50%
Details of Phoenix Technologies Ltd.
Expected to close by the end of the year for a closing value of $139 million. On the completion of the merger, shareholders of Phoenix Technologies will receive $3.85 per share in cash.
PRPX 02/17/2010 L.B. Foster Co. (FSTR) $112 million $11.71 $11.50 08/31/2010 1.83% 666.52%
Details of Portec Rail Products, Inc.

Expected to close by August 31, 2010 for a closing value of $112mn. The cash deal is @ $11.71 per share

TSFG 05/17/2010 TD Bank Financial Group (N/A) $61 million $0.28 $0.2752 09/30/2010 1.74% 20.54%
Details of The South Financial Group Inc.
Expected to close by the third quarter of 2010 for a closing value of $61mn. On the completion of the merger, The South Financial Group shareholders will receive either $0.28 in cash or 0.004 shares of TD Bank Financial Group common stock per The South Financial Group common share held.
OSTE 08/17/2010 Medtronic (MDT) $123 million $6.50 $6.395 12/31/2069 1.64% 0.03%
Details of Osteotech
Expected to close for a closing value of $123 million. On the completion of the merger, shareholders of Osteotech will receive $6.50 per share in cash. The transaction is subject to customary closing conditions, including approval by Osteotech's stockholders and U.S. and foreign regulatory clearances.
WAIN 06/29/2010 Eastern Bank (N/A) $163 million $19.00 $18.71 12/31/2010 1.55% 4.60%
Details of Wainwright Bank & Trust
Expected to close in the fourth quarter of 2010 for a closing value of $163 million. On the completion of the merger, Eastern Bank will pay $19 in cash for each share of Wainwright Bank.
XJT 08/04/2010 SkyWest (SKYW) $133 million $6.75 $6.65 12/31/2010 1.50% 4.46%
Details of Expressjet Holdings

Expected to close in the fourth quarter of 2010, for a closing value of $133 million. On the completion of the merger, Expressjet shareholders will receive $6.75 per share in cash.

OMNI 06/04/2010 Wellspring Capital Management (N/A) $122 million $2.75 $2.71 11/15/2010 1.48% 7.00%
Details of OMNI Energy Services Corp.
Expected to close in the second half of 2010 for a closing value of $122mn. On the completion of the merger OMNI Energy Services shareholders will receive $2.75 per share in cash.
PSYS 05/17/2010 Universal Health (N/A) $3.1 billion $33.75 $33.29 12/31/2010 1.38% 4.10%
Details of Psychiatric Solutions, Inc.
Expected to close by the fourth quarter of 2010 for a closing value of $3.1bn. On the completion of the merger, Psychiatric Solutions shareholders will receive $33.75 per share in cash.
MIR 04/12/2010 RRI Energy In. (RRI) $1.6 billion $9.84 $9.71 12/31/2010 1.31% 3.90%
Details of Mirant Corp Common Stock
Expected to close by the end of the year 2010 for a value of $1.6bn. Mirant Corp. will combine with RRI Energy Inc. in a stock-deal to form GenOn Energy. Mirant stockholders will get about 2.84 RRI common shares for each Mirant share they own.
NTY 07/15/2010 The Carlyle Group (N/A) $3.8 billion $55.00 $54.38 12/31/2010 1.14% 3.38%
Details of NBTY Inc.

Expected to close by the end of 2010 for a closing value of $3.8 billion. On the completion of the merger, NBTY shareholders will receive $55 per share in cash.

ACF 07/22/2010 General Motors Co. (N/A) $3.5 billion $24.50 $24.25 12/31/2010 1.03% 3.06%
Details of AmeriCredit Corp.
Expected to close in the fourth quarter of 2010, for a closing value of $3.5 billion. On the completion of the merger, ACF shareholders will receive $24.50 per share in cash.
NYM 07/15/2010 ProSight (N/A) $230 million $25.75 $25.51 12/31/2010 0.94% 2.79%
Details of NYMagic
Expected to close in the fourth quarter of 2010 for a closing value of $230 million. On the completion of the merger, NYMagic shareholders will receive $25.75 per share in cash.
GLG 05/17/2010 Man Group (N/A) $1.6 billion $4.50 $4.46 09/30/2010 0.90% 10.56%
Details of GLG Partners Inc Common Stock
Expected to close by the third quarter of 2010 for a closing value of approximately $1.6bn. On the completion of the merger, GLG Partners shareholders will receive $4.50 per share in cash.
MAM 03/12/2010 Emera Inc (N/A) $75.7 million $45.00 $44.60 12/31/2010 0.90% 2.66%
Details of Maine & Maritimes Corporation C

Expected to close by the end of 2010 for a closing value of $75.7 million. The cash deal is @ $45 per share

ME 04/15/2010 Apache (APA) $2.7 billion $23.13 $22.95 09/30/2010 0.80% 9.42%
Details of Mariner Energy, Inc. Mariner En
Expected to close by the third quarter of 2010 for a value of $2.7bn. Under the cash and stock deal, Mariner stockholders will receive cash of $7.80 and 0.17043 of a share of Apache common stock in exchange for each share of Mariner common stock.
AEZ 07/28/2010 Hess Corp (HES) $450 million $7.07 $7.01 12/31/2010 0.79% 2.35%
Details of American Oil & Gas Inc.
Expected to close in the fourth quarter of 2010 for a closing value of $450 million. On the completion of the merger, Hess will issue 0.1373 shares of its stock for each outstanding share of American Oil & Gas.
HEW 07/12/2010 Aon Corp (AON) $4.9 billion $49.26 $48.91 11/15/2010 0.71% 3.37%
Details of Hewitt Associates
Expected to close by mid-November 2010, Aon Corp plans to acquire Hewitt Associates for $4.9 billion. The deal is a cash plus stock deal worth $50 at the time of announcement. Hewitt shareholders will receive $25.61 in cash and 0.6362 shares of AON.
WEL 04/09/2010 Halliburton Company (HAL) $240 million $3.00 $2.98 09/30/2010 0.67% 7.90%
Details of Boots and Coots, Inc. Common St
Expected to close in the summer of 2010 for a value of $240mn. The $3 cash & stock deal consists of $1.73 in cash and $1.27 in Halliburton stock.
ACAP 07/08/2010 The Doctors Company (N/A) $386 million $41.50 $41.26 12/31/2010 0.58% 1.73%
Details of American Physicians Capital Inc.
Expected to close in the fourth quarter of 2010 for a closing value of $386 million. On the completion of the merger, American Physicians Capital shareholders will receive $41.50 per share in cash.
LSBX 07/15/2010 People's United Financial Inc. (PBCT) $96 million $21.00 $20.90 12/31/2010 0.48% 1.42%
Details of LSB Corporation
Expected to close in the fourth quarter of 2010 for a closing value of $96 million. On the completion of the merger, LSBX shareholders will receive $21 per share in cash.
BSMD 05/13/2010 Merit Medical Systems (MMSI) $96 million $4.38 $4.36 09/30/2010 0.46% 5.40%
Details of BioSphere Medical, Inc.

Expected to close in the third quarter of 2010 for a closing value of $96mn.If the merger is completed, BioSphere Medical shareholders will receive $4.38 per share in cash.

SWWC 03/03/2010 Institutional Investors (N/A) $275 million $11.00 $10.97 03/31/2011 0.27% 0.47%
Details of Southwest Water Company
Expected to close by 3/31/2011 for a closing value of $275 million. It is a cash deal @ $11.00 per share
HGRD 07/28/2010 an affiliate of the private equity firm Vestar Capital (N/A) $294 million $8.20 $8.18 09/30/2010 0.24% 2.88%
Details of Health Grades Inc.
Expected to close by the third quarter of 2010 for a closing value of $294 million. On the completion of the merger, HGRD shareholders will receive $8.20 per share in cash. Closing the transaction is subject to conditions that include regulatory approval.
PPCO 08/09/2010 Endo Pharmaceuticals (ENDP) $144 million $5.00 $4.99 12/31/2010 0.20% 0.59%
Details of Penwest Pharmaceuticals
Expected to close in the fourth quarter of 2010 for a closing value of $144 million. On the completion of the merger, Penwest Pharmaceuticals shareholders will receive $5.00 per share in cash.
ADCT 07/13/2010 Tyco Electronics (TEL) $1.24 billion $12.75 $12.725 12/31/2010 0.20% 0.58%
Details of ADC Telecommunications Inc

Expected to close in the fourth quarter of 2010, for a closing value of $1.24 billion. On the completion of the merger, ADC Telecommunications shareholders will receive $12.75 per share in cash

WMZ 05/24/2010 Williams Partners L.P. (WPZ) $32.36 $32.30 09/30/2010 0.19%

2.22%

Details of Williams Pipeline Partners LP C
Expected to close in the third quarter of 2010. On the completion of the merger, Williams Pipeline Partners shareholders will receive 0.7584 shares of Williams Partners common stock per share held.
RUBO 05/10/2010 Mill Road Capital (N/A) $91 million $8.70 $8.69 08/23/2010 0.12% 0.00%
Details of Rubio's Restaurants
Expected to close on August 23, 2010 for a closing value of $91 million. On the completion of the merger, Rubio's Restaurants shareholders will receive $8.70 per share in cash.
GNA 06/02/2010 Gerdau (GGB) $1.7 billion $11.00 $10.99 08/31/2010 0.09% 33.21%
Details of Gerdau Ameristeel Corporation
Expected to close by August 31, 2010 for a closing value of $1.7 billion. On the completion of the merger Gerdau Ameristeel shareholders will receive $11.00 per share in cash.
SWSI 08/09/2010 Nabors Industries (NBR) $900 million $22.12 $22.11 09/30/2010 0.05% 0.53%
Details of Superior Well Services

Expected to close by the end of the third quarter of 2010 for a closing value of $900 million. On the completion of the merger Superior Well shareholders will receive $22.12 per share in cash.

DTPI 08/24/2010 PricewaterhouseCoopers (N/A) $378 million $12.50 $12.50 12/31/2010 0.00% 0.00%
Details of Diamond Management & Technology Consultants, Inc.
Expected to close in the fourth quarter of 2010 for a closing value of $378 million. On the completion of the merger, shareholders of Diamond Management & Technology Consultants will receive $12.50 per share in cash.
VIRL 06/10/2010 Synopsys (SNPS) $315 million $12.00 $12.00 12/31/2010 0.00% 0.00%
Details of Virage Logic Corp
Expected to close in the fourth quarter of 2010 for a closing value of $315 million. The deal values Virage at $12 per share.
MEND 07/12/2010 Johnson & Johnson (JNJ) $480 million $23.40 $23.41 09/30/2010 -0.04% -0.50%
Details of Micrus Endovascular
Expected to close in the second half of 2010, JNJ plans to acquire MEND in an all cash deal valued at $480 million. MEND shareholders will receive $23.40 in cash should the deal complete.
UNCA 08/13/2010 IBM (IBM) $480 million $21.00 $21.02 12/31/2010 -0.10% -0.28%
Details of Unica Corporation
Expected to close by the end of 2010 for a closing value of $480 million. On the completion of the merger Unica Corporation shareholders will receive $21 per share in cash.
VRX 06/21/2010 Biovail Corporation (BVF) $3.3 billion $58.07 $58.33 12/31/2010 -0.45% -1.33%
Details of Valeant Pharmaceuticals
Expected to close by the end of 2010 for a closing value of roughly $3.3 billion. Valeant stockholders will get a one-time special cash dividend of $16.77 per share and 1.7809 shares of Biovail common stock. The combined company will pay an additional $1/share dividend to all stockholders of the new entity.
ICXT 08/16/2010 FLIR Systems (FLIR) $274 million $7.55 $7.64 12/31/2010 -1.18% -3.50%
Details of ICx Technologies

Expected to close in the fourth quarter of 2010 for a closing value of $274 million. On the completion of the merger, ICx Technologies' shareholders will receive $7.57 per share in cash.

CAL 05/03/2010 United (UAUA) $1.2 billion $21.47 $21.80 12/31/2010 -1.50% -4.46%
Details of Continental Airlines, Inc. Comm

Expected to close by the end of 2010 for a closing value of approximately $1.2bn. In the merger, Continental shareholders will receive 1.05 shares of United common stock for each Continental common share they own.

PZZ 08/16/2010 Leonard Green & Partners (N/A) $363 million $8.50 $8.63 12/31/2010 -1.51% -4.47%
Details of Prospect Medical Holdings
Expected to close by the end of the year 2010 for a closing value of $363 million. On the completion of the merger Prospect Medical Holdings shareholders will receive $8.50 per share in cash.
ABII 06/30/2010 Celgene (CELG) $2.9 billion $71.57 $74.20 12/31/2010 -3.55% -10.53%
Details of Abraxis Bioscience Inc.
Expected to close in the fourth quarter of 2010 for a closing value of $2.9 billion. Under terms of the deal, shareholders of Abraxis will receive $58 and 0.2617 shares of Celgene for each Abraxis share they own.
TRBN 08/12/2010 Emergent BioSolution (EBS) $96.8 million $4.22 $4.45 12/31/2010 -5.09% -15.10%
Details of Trubion Pharmaceuticals
Expected to close by the end of the year 2010 for a closing value of approximately $96.8 million. On the completion of the merger, Trubion Pharmaceuticals shareholders will receive $1.365 per share in cash and 0.1641 shares of Emergent BioSolutions common stock per share held, plus one Contingent Value Right (NYSEMKT:CVR) per share.

The total potential aggregate value of the CVRs is $38.7 million over a 36-month period, post-closing. The combination of the upfront consideration along with the potential value of the CVRs results in total consideration of up to $135.5 million for Trubion stockholders. The Milestone Events related to the CVRs can be found at the following link http://finance.yahoo.com/news/Trubion-Pharmaceuticals-prnews-758460745.html?x=0&.v=1

DYN 08/13/2010 Blackstone Group (BX) $4.7 billion $4.50 $4.81 12/31/2010 -6.44% -19.13%
Details of Dynegy
Expected to close by the end of the year for a closing value of $4.7 billion. On the completion of the merger, Dynegy shareholders will receive $4.50 per share in cash.
CPII 05/10/2010 Comtech (CMTL) $472.3 million $13.69 $14.72 09/30/2010 -6.97% -82.02%
Details of CPI International, Inc.

Expected to close in the third quarter of 2010 for a closing alue of $472.3mn. If the merger is completed, CPI International shareholders will receive a combination of $9.00 in cash plus a fraction of Comtech common stock equal to $8.10 divided by the average closing price of Comtech common stock over a specified period of time prior to closing, provided that the fraction shall not be greater than 0.2382 nor less than 0.2132.

PAR 08/28/2010 Hewlett-Packard Company (HPQ) $2 billion $30.00 $32.46 12/31/2010 -7.58% -22.49%
Details of 3PAR
Expected to close by the year end for a closing value of $1.15 billion. On the completion of the merger, 3PAR shareholders will receive $18 per share in cash.
Revision on 08/26/2010:Dell raises bid over rival Hewlett -Packard to $1.6 billion at $24.30 per share in cash.
Revision on 08/26/2010: Hewlett – Packard raised its bid to $1.8 billion at $27 per share in cash, in an effort to win the bidding war
Revision on 08/27/2010: Dell matches bid with HP at $27 per share in cash.
Revision on 08/28/2010: HP trumps Dell with a superior bid of $30 per share in cash. 3PAR accepts this bid
MCCC 06/01/2010 Chief Executive Rocco Commisso (N/A) $590 million $6.00 $7.20 N/A -16.67% 0.00%
Details of Mediacom Communications Corporation
DTG 04/26/2010 Hertz (HTZ) $1.3 billion $38.43 $48.05 12/31/2010 -20.03% -59.43%
Details of Dollar Thrifty Automotive Group
Expected to close by the end of the year for a value of $1.3 billion. The transaction values Dollar Thrifty stock at approximately $41.00 per share. the $41.00 per share purchase price is comprised of 80% cash consideration and 20% stock consideration. The cash portion will be paid in two components; (1) a $200 million special cash dividend representing approximately $6.88 per share, to be paid by Dollar Thrifty immediately prior to the transaction closing and (2) $25.92 per share to be paid by Hertz at the closing. The stock is at a fixed exchange ratio of 0.6366 per share, based upon a Hertz common stock closing price of $12.88 per share on April 23, 2010.
CCE 02/25/2010 The Coca-Cola Company (KO) $12.3 billion N/A $28.67 10/01/2010 N/A N/A
Details of Coca-Cola Enterprises, Inc. Com

Expected to close by October 1, 2010 for a closing value of $12.3 billion. The deal includes $10 per share + a share in a new bottling company

Source: Merger Arbitrage Mondays: August 30, 2010