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The Weekly Wrap: Leucadia National, PJ United and RLJ Lodging Trust

Leucadia National and Jefferies Group to Merge, PJ United buys 26 Papa John's Pizza locations and RLJ Lodging Trust purchases a Boston hotel operator; other recent deals listed here in alphabetical order according to buyer

Target Name | Acquirer

Medical Practice Solutions Inc | 1-800 We Answer Inc    

1-800 We Answer Inc acquired Medical Practice Solutions Inc, an Albuquerque- based provider of business solutions services.

North Penn Visiting Nurse Assn | Abington Health Inc   

Abington Health Inc signed a Letter of Intent {LoI} to acquire North Penn Visiting Nurse Association, a Lansdale-based provider of home health services.

Park Royal Hospital,Ft Myers | Acadia Healthcare Co Inc               

Acadia Healthcare Co Inc acquired Park Royal Hospital, a Ft. Myers-based owner and operator of a behavioral health facility, for USD 33.4 mil in cash and an assumption of an undisclosed amount in liabilities.

GoJane.com | Aeropostale Inc

Aeropostale Inc acquired GoJane.com, an Ontario-based retailer of women's apparel. Terms were not disclosed.

Marine Hydraulics Intl Inc | American Maritime Holdings Ltd       

American Maritime Holdings Ltd definitively agreed to acquire marine Hydraulics International Inc, a Norfolk-based owner and operator of marinas.

CreXus Investment Corp | Annaly Capital Management Inc         

Annaly Capital Management Inc (AM) agreed to acquire the remaining 87.57% interest, or 67.103 mil common shares, which it did not already own, in CreXus Investment Corp, a New York- based real estate investment trust, for USD 12.5 in cash per share, or a total value of USD 838.784 mil.

RPG | Apps Genius Corp              

Apps Genius Corp signed a Letter of Intent {LoI} to acquire the entire share capital Renaissance Partner Group Inc (RPG), a Rancho Palos Verdes-based provider of enterprise management services.

Azaleos Corp | Avanade Inc       

Avanade Inc, a joint venture between Accenture PLC and Microsoft Corp, agreed to acquire Azaleos Corp, Seattle- based provider of remotely managed messaging and Active Directory services. Terms were not disclosed.

Amerimarq Tek Corp | BGGR Inc              

BGGR Inc, a unit of Rounder Inc, acquired a 50.1% interest in Amerimarq Tek Corp, a US-based provider of marketing development services.

Berlon Industries LLC | Blackthorne Partners Ltd              

Blackthorne Partners Ltd acquired Berlon Industries LLC, a Hustisford-based manufacturer of buckets and attachments for skid loader, telehandlers and compact utility tractors, in a leveraged buyout transaction.

Systems Alternatives Intl | Brady PLC    

Brady PLC of the UK agreed to acquire Systems Alternatives International LLC, a Maumee-based metal recycling solutions software, for an USD 9.95 mil. The consideration was to consist of USD 6.25 mil in cash and up to USD 3.7 mil in profit- related payments.

Emergint Technologies Inc | CACI International Inc          

CACI International Inc definitively agreed to acquire Emergint Technologies Inc, a Louisville-based provider of information technology services.

SNAPforSeniors Inc | CareLike LLC          

CareLike LLC acquired SNAPforSeniors Inc, a Seattle- based provider of online directory services.

Spot Devices Inc-Assets                | Carmanah Technologies Corp 

Carmanah Technologies Corp (Carmanah) of Canada definitively agreed to acquire the assets of Spot Devices Inc, a Sparks-based manufacturer of pedestrian and school zone safety equipment, for USD mil. The consideration was to consist of an undisclosed amount of profit-related payments plus 2.2 mil Carmanah common shares valued at USD 0.726 mil . The shares were valued based on Carmanah's closing stock price of USD on November 14, the last full trading day prior to the announcement.

Cloupia Inc | Cisco Systems Inc 

Cisco Systems Inc planned to acquire Cloupia Inc, a Santa Clara-based developer of cloud automation software, for an estimated USD 125 mil in cash.

White River Capital Inc | Coastal Credit Merger Sub Inc 

Coastal Credit Merger Sub Inc, a wholly-owned unit of Parthenon Capital Partners' Coastal Credit Holdings Inc subsidiary, agreed to acquire the entire share capital of White River Capital Inc, a Rancho Santa Fe-based provider of automobile financing services, for USD 21.93 in cash per share or a total value of USD 77.738 mil. The transaction was to include Coastal Credit LLC.

Madras Packaging LLC | Consolidated Container Co         

Consolidated Container Co, a majority owned unit of Bain Capital agreed to acquire Madras Packaging LLC, an Argos-based manufacturer of blow moded containers, from Old World Industries LLC. Terms were not disclosed.

AMF Bowling Worldwide Inc | Creditors               

AMF Bowling Worldwide Inc (AMF), a Mechanicsville- based manufacturer of bowling equipment, a subsidiary of CHS Capital LLC, agreed to a debt restructuring transaction with creditors including Credit Suisse AG. Upon completion, CRs will be holding an undisclosed interest in the restructured AMF.

Denver Cyber Security | Denver Web Services  

Denver Web Services acquired Denver Cyber Security, a Denver-based provider of information security services.

Hotel Rex,San Francisco,CA | DiamondRock Hospitality Co           

DiamondRock Hospitality Co acquired the San Francisco- based Hotel Rex for USD 29.5 mil.

Clearwater Development Inc | EFO Financial Group LLC

EFO Financial Group LLC acquired bankrupt Clearwater Development Inc, a hot Springs-based real estate development firm. The transaction included Brightwater Club.

Formosa Prosonic Mnfg Corp | Formosa Prosonic Mnfg Sdn Bhd              

Formosa Prosonic Manufacturing Sdn Bhd of Malaysia, a wholly-owned unit of Formosa Prosonic Industries Bhd (FPI), acquired the entire share capital of Formosa Prosonic Manufacturing Corp (FPMC), a manufacturer of electronic components, for USD 1.38 mil. On completion, FPMC became a wholly-owned subsidiary of FPI.

Life Transitions Center Inc | Gilda's Club Western New York        

Gilda's Club Western New York agreed to merge with Life Transitions Center, a Cheektowaga-based provider of counseling services. Terms were not disclosed.

Twin Creeks-Certain Assets | GT Advanced Technologies Inc      

GT Advanced Technologies Inc acquired certain assets of Twin Creeks Technologies Inc (Twin), a San Jose-based manufacturer of silicon solar panels, for an estimated USD 10 mil and an undisclosed amount in profit-related payments. The transaction included certain capital assets and intellectual property of Twin.

CPS Products Inc | Harbour Group Ltd   

Harbour Group Ltd acquired CPS Products Inc, a Hialeah-based manufacturer of tools, equipment, and instruments. Terms were not disclosed.

SYNTHEON Inc | Headwaters SC LP         

Headwaters SC LP agreed to acquire SYNTHEON Inc, a Leetsdale-based manufacturer of plastic materials, from Nova Chemicals Corp. Terms were not disclosed.

Dollar General Corp-Stores(5) | Inland RE Acquisitions Inc            

Inland Real Estate Acquisitions Inc, a unit of Inland Real Estate Group of Cos Inc, acquired five stores, located in Alabama and Tennessee, of Dollar General Corp, a Goodlettsville-based owner and operator of discount stores, for an estimated USD 6.68 mil.

Arcadia Solutions LLC | Investor Group 

An investor group, led by Ferrer Freeman & Co LLC and the management of Arcadia Solutions LLC (Arcadia), acquired Arcadia, a Burlington-based provider of health information technology services, in a leveraged buyout transaction. Terms were not disclosed.

Ziff Davis Inc | j2 Global Inc         

US- j2 Global Inc acquired Ziff-Davis Inc, a New York- based provider of digital media services, from CBS Corp's CNET Networks Inc subsidiary, for an estimated USD 167 mil.

Jetboil Inc | Johnson Outdoors Inc

Johnson Outdoors Inc acquired Jetboil Inc, a Manchester-based manufacturer of outdoor cooking systems.

Axium Healthcare Pharmacy Inc                | Kroger Co        

Kroger Co planned to acquire the entire share capital of Axium Healthcare Pharmacy Inc, a Lake Mary- based owner and operator of pharmacy.

Jefferies Group Inc | Leucadia National Corp      

Leucadia National Corp (Leucadia) definitively agreed to acquire the remaining 71.4% interest, or 145.031 mil common shares, which it did not already own, in, Jefferies Group Inc (Jefferies), a New York-based provider of investment banking services, in a stock swap valued at USD 2.561 bil. Leucadia offered 0.81 common share per Jefferies share. Based on Leucadia's closing stock price of USD 21.8 on 9 November 2012, the last full trading day prior to the announcement, each Jefferies share was valued at USD 17. 658.

Chandler/May Inc | Lockheed Martin Corp         

Lockheed Martin Corp acquired Chandler/May Inc, a Huntsville-based provider of systems integration services. Terms were not disclosed.

Everlater Inc | MapQuest Inc     

MapQuest Inc, a unit of Time Warner Inc, acquired Everlater Inc, a Boulder- based provider of online travel journal platform.

Discovery At Mountain View | McCann Realty Partners LLC         

McCann Realty Partners LLC acquired Discovery At Mountain View Apartments located in Nashville, an owner and operator of apartment buildings.

Arkansas Surgical Hospital LLC | Medical Facilities Corp  

Medical Facilities Corp of Canada definitively agreed to acquire a 51% interest in Arkansas Surgical Hospital LLC, a North Little Rock- based owner and operator of hospitals, for an estimated USD 36.2 mil.

American Bonanza Gold-Oatman | Mesa Exploration Corp          

Mesa Exploration Corp of Canada acquired the Oatman gold and Belmont silver projects of American Bonanza Gold Corp, a Toronto-based gold mining company, for 0. 075 mil.

OKCity Brewing Cooperative | Mustang Brewing Co       

Mustang Brewing acquired OKCity Brewing Cooperative, an Oklahoma City-based producer and wholesaler of beer, wine and soft drinks.

SocialGuide Inc | Nielsen Holdings NV   

Nielsen Holdings NV acquired SocialGuide Inc, a Brooklyn-based provider of information services. Terms were not disclosed.

Girindus America Inc-Contract | Nitto Denko Avecia Inc

Nitto Denko Avecia Inc, a unit of Nitto Denko Corp agreed to acquire the contract manufacturing business of Girindus America Inc, a Cincinnati-based manufacturer of pharmaceutical products, and a unit of Girindus AG. Terms were not disclosed.

earthmine Inc | Nokia Oyj           

Nokia Oyj of Finland planned to acquire earthmine Inc, a Berkeley-based developer of 3D street level imagery solutions software. Terms were not disclosed.

Fulbright & Jaworski LLP | Norton Rose LLP         

Norton Rose LLP agreed to merge with Fulbright & Jaworski LLP, a Houston-based law firm.

NOX Technologies Inc | Nu Skin Enterprises Inc

NU Skin Enterprises Inc agreed to acquire NOX Technologies Inc, a Malvern- based biotechnology company, for USD 12.5 mil.

Digital University Inc | OnCourse Learning Co     

OnCourse Learning Co, a unit of The Riverside Co, acquired Digital University Inc, a La Jolla-based provider of online bank and credit union regulatory compliance training services.

Wrapsol LLC | Otter Products LLC             

Otter Products LLC acquired Wrapsol LLC, a Canton-based manufacturer of protective plastic films.

The Clifton Group Inves Mgmt | Parametric Portfolio Assoc        

Parametric Portfolio Associates LLC, a majority- owned unit of Eaton Vance Corp, definitively agreed to acquire The Clifton Group Investment Management Co, a Minneapolis-based provider of investment management and advisory services. Terms were not disclosed.

Rural Press (USA) Ltd | Penton Media Inc            

Penton Media Inc, a unit of the Prism Business Group Inc subsidiary of Ripplewood Holdings LLC's MidOcean Partners LLP, acquired Rural Press (USA) Ltd, a publisher of newspaper and periodicals, from Fairfax Media Ltd, for USD 79.9 mil in cash.

Cypress Pharmaceutical Inc | Pernix Therapeutics Holdings         

Pernix Therapeutics Holdings Inc (Pernix) definitively agreed to acquire Cypress Pharmaceuticals Inc, a Madison-based manufacturer of pharmaceuticals, for USD 101 mil. The consideration was to consist of USD 78.5 mil in cash, the issuance of Pernix common shares valued at USD 12.5 mil, and up to USD 10 mil in profit-related payments. The transaction was to include Hawthorn Pharmaceuticals inc.

Schuepbach Energy Intl LLC | Petrel Energy Ltd 

Petrel Energy Ltd of Australia, plans to raise its interest to 60% from 25%, by acquiring a further 35% stake in Schuepbach Energy International LLC, a Dallas- based natural gas production company, for USD 11.5 mil.

Gaunce Management Inc-Pizza | PJ United Inc 

PJ United Inc acquired 26 Pizza Stores of Gaunce Management Inc, a Glasgow- based owner and operator of restaurants. Terms were not disclosed.

Q3 Contracting Inc | Primoris Services Corp         

Primoris Services Corp definitively agreed to acquire Q3 Contracting Inc, a Little Canada-based provider of construction contracting services, for USD 58.1 mil. The consideration was to consist of USD 48.1 mil in cash and up to USD 10 mil in profit-related payments.

Quark Pharmaceuticals Inc | Q-SFM Inc

Q-SFM Inc (QS), a 72.16%- owned unit of SBI Holdings Inc, acquired the remaining 9. 84% stake, or 26.174 mil shares, which it did not already own, in Quark Pharmaceuticals Inc (QP), a Sacramento-based pharmaceutical company, and a 90.16%-owned unit of QS, in an internal reorganization transaction. On completion, QS will cease to exist and QP will retain the name of the merged entity.

Schiff Nutrition Intl Inc | Reckitt Benckiser Group PLC    

Reckitt Benckiser Group PLC of UK planned to launch a challenging tender offer to acquire the entire Class A and Class B share capital of Schiff Nutrition International Inc (Schiff), a Salt Lake City-based manufacturer and wholesaler of pharmaceuticals, for USD 42 in cash per share, or a total value of USD 1.318 bil. The offer was conditioned upon at least a majority of Schiff's shares being tendered. Previously, Bayer Healthcare LLC agreed to merge with Schiff.

Embassy Suites Boston,Waltham | RLJ Lodging Trust      

RLJ Lodging Trust acquired Embassy Suites Boston, a Waltham-based owner and operator of hotels, for USD 64.5 mil.

A&A Express Inc | Roadrunner Transp Sys Inc    

Roadrunner Transportation Systems Inc acquired A&A Express Inc, a Brandon-based provider of refrigerated transportation services, for USD 26.5 mil. The consideration was to consist of USD 24 mil in cash and USD 2.5 mil in profit- related payments.

LIST Innovative Solutions Inc | Salient Federal Solutions Inc         

Salient Federal Solutions Inc acquired LIST Innovative Solutions Inc, a Herndon-based provider of information technology services.

Cameron-Subsea Division | Schlumberger Ltd-Framo     

Schlumberger Ltd (Schlumberger) agreed to merge its Framo, Surveillance, Flow Assurance and Power and Controls businesses with the subsea division of Cameron International Corp (Cameron), a Houston-based manufacturer, wholesaler and distributor of oil and gas pressure control equipment, for USD 600 mil, in a formation of a joint venture. Upon completion, the joint venture was to be named OneSubsea, and Cameron was to own 60% and Schlumberger the remaining 40% of the joint venture.

Chemtura Corp-Antioxidant & UV | SK Capital Partners LP           

SK Capital Partners LP agreed to acquire antioxidant and UV stabilizers business of Chemtura Corp, a Middlebury-based manufacturer and wholesaler of specialty chemicals, for an estimated USD 200 mil and an assumption of an undisclosed amount in liabilities, in a leveraged buyout transaction.

Exit Planning Institute | Snider Premier Growth Inc         

Snider Premier Growth acquired Exit Planning Institute, an Algonquin-based provider of exit planning services. Terms were not disclosed.

Shaser BioScience Inc | Spectrum Brands Holdings Inc   

Spectrum Brands Holdings Inc, a majority-owned unit of Harbinger Capital Partners LLC's Harbinger Group Inc subsidiary, acquired a 56% interest in Shaser BioScience Inc, a Woburn-based manufacturer of skin care devices, for USD 50 mil in cash.

Teavana Holdings Inc | Starbucks Corp  

Starbucks Corp agreed to merge with Teavana Holdings Inc, an Atlanta-based retailer of teawares and tea- related products, for USD 15. 5 cash per share or a total value of USD 617.547 mil.

Sthrn Hospitality Fran Hldg Co | Sthrn Hospitality Dvlp Corp         

Art Dimensions Inc merged with Southern Hospitality Franchise Holding Corp, a Colorado Springs- based owner and operator of restaurants, in a reverse takeover transaction. On completion, the merged entity was to be renamed Southern Hospitality Development Corp.

Panoptic Security Inc | Sysxnet Ltd         

Sysxnet Ltd acquired Panoptic Security Inc, a Salt Lake City-based developer of compliance validation software for the payment card industry.

General Expl Partners Inc | TAQA            

Abu Dhabi National Energy Co of the United Arab Emirates was rumored to be planning to acquire a 65.5% interest in General Exploration Partners Inc, an oil and gas exploration and production company, from Aspect Energy LLC.

Saddle Butte Pipeline LLC | Targa Resources Partners LP               

Targa Resources Partners LP definitively agreed to acquire the Bakken Shale midstream of Saddle Butte Pipeline LLC, a Durango-based provider of oil and natural gas processing, gathering and transporting services, for an estimated USD 950 mil in cash. The transaction was to include Williston Basin crude oil pipeline and terminal system and natural gas gathering and processing operations.

RE Loans LLC-Rancho Las Flores | Terra Verde Group LLC              

Terra Verde Group LLC acquired the Rancho Las Flores residential community of RE Loans LLC, a Lafayette- based real estate private mortgage lender.

Pengram Corp-Golden Snow | Terrace Ventures Inc      

Terrace Ventures Inc was granted a 75% interest in Golden Snow Project located in Eureka County, Nevada of Pengram Corp, a Blaine-based gold mining company.

Tesoro Corp-Rail Facility | Tesoro Logistics LP     

Tesoro Logistics acquired the railway facility of Tesoro Corp, a Virginia Beach-based provider of construction management services.

Casco Products Corp | The Jordan Co LP               

The Jordan Co LP (Jordan) acquired Casco Products Corp (Casco), a Bridgeport-based manufacturer of motor vehicle parts, from Sequa Corp (Sequa) , a unit of The Carlyle Group LLC, in a leveraged buyout transaction. Concurrently, Jordan acquired ARC Automotive Inc. Originally in July 2012, Sequa was rumored to be announcing that it was seeking a buyer for its Casco.

Intellectual Technology Inc | Vicente Capital Partners LLC            

Vicente Capital Partners LLC, through an undisclosed affiliate, acquired an undisclosed majority interest in Intellectual Technology Inc (Intellectual), a Carlsbad-based developer of software, in a leveraged buyout transaction. On completion, Intellectual was delisted from the OTC Exchange of the US.

 

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