M&A

Computer Sciences Corporation (NYSE: CSC) said it had acquired a privately held cyber threat intelligence firm. The financial terms and conditions of acquiring Columbia-based Vulnerability Research Labs were not disclosed. CSC also said that the acquisition helps in improving the cybersecurity...

VimpelCom Ltd (NYSE: VIP) announced its plans to combine with privately-held Weather Investments SPA. This merger deal will make VIP the world's fifth-largest mobile telecom carrier, in terms of subscribers. The shareholders of Weather will get 325.6 million shares of newly issued VimpleCom stock...

MI Developments Inc (NYSE: MIM) spiked close to 32% after a Stronach Family controlled firm, ST Acquisition Corp, announced that it would acquire shares of MIM for $13 per share in cash. The offer value is a 21% premium to MIM closing price on Friday. ST Acquisition already has 60% of the voting...

Sanofi-Aventis SA (NYSE: SNY) initiated a $69 per share cash tender after Genzyme Corporation (NASDAQ: GENZ) rejected SNY's offer. SNY cited GENZ's “unwillingness to engage in constructive discussions” as the reason for this move. On Monday, SNY initiated a hostile bid worth $18.5 billion for GENZ...

Vivendi SA (OTC: VIVDY) announced on Monday that it had sold a 7.66% stake in NBC Universal to General Electric Company (NYSE: GE). The deal was valued at $2 billion and is in accordance with a deal that will remove Vivendi completely from NBC Universal. In addition to this, Vivendi said that the...

Wal-Mart Stores Inc (NYSE: WMT) made a proposal to buy MASSMART Holdings Ltd (OTC: MMRTF) for 148 rand per share, or $21.13 a share. Johannesburg based Massmart said the process is in its initial stages and it is hard to predict how long it would take to finalize the deal. The deal is worth $4.26...

NightHawk Radiology Holdings Inc (NASDAQ: NHWK) jumped close to 96% after Virtual Radiologic agreed to buy NHWK for $170 million. Shares of NHWK gained 96.31% to $6.38 at 10:31 am. Virtual will buy NHWK for $6.50 per share in cash, representing a 100% premium over NHWK's closing price on Friday....

Cadence Financial Corporation (NASDAQ: CADE) shares jumped around 26% on Thursday, after the company agreed to be acquired by Trustmark Corp (NASDAQ: TRMK) for about $23.8 million. Jackson, Mississippi-based Trustmark agreed to buy common stock of Cadence for about $2 per share. Shares of CADE rose...

Clorox Co (NYSE: CLX) announced on Tuesday that it has agreed to sell its auto-care business for $780 million in cash to Avista Capital Partners. The business unit includes brands such as Armor All and STP. In the latest fiscal year, the unit recorded sales of $300 million. CLX said the sale of the...

NRG Energy Inc (NYSE: NRG) announced a definitive agreement to purchase 1997 founded Green Mountain Energy Company for $350 million in cash. NRG President and CEO David Crane said, “A permanent and fast-growing portion of the American population is seeking to live sustainably across all key phases...