On Monday, ReAble announced that it completed its merger with DJO (DJO), creating one of the largest orthopedic and vascular device companies in the world. ReAble will be renamed DJO Incorporated, and will remain a subsidiary of The Blackstone Group (BX).
Lyondell (LYO) shareholders approved their merger with Basell, a $12.2 billion deal expected to close before the end of the year, and Energy East (EAS) shareholders approved their merger with Iberdrola SA that is expected to close in the first half of 2008.
Hellman and Friedman received antitrust approval from the FTC for their purchase of Goodman Global(GGL) for $25.60 per share in cash.
One United Rentals (URI) shareholder has filed a lawsuit against the company over its failed buyout by Cerberus, as the two companies continue to argue publicly over whether Cerberus is required to complete the merger.
Textron (TXT) announced that its buyout of United Industrial (UIC) has been delayed because a portion of the company's shares were not transferred as required. Because of this, United Industrial may be required to call a shareholder vote to gain approval before the merger can close.