Target | Acquirer | Value ($millions) | Synopsis |
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Time Warner Cable Inc | Comcast Corp | 46,150.1 | Comcast Corp (Comcast) definitively agreed to acquire the entire share capital of Time Warner Cable Inc (Time), a New York-based provider of cable TV services, in a stock swap transaction valued at $46.15 bil, via a challenging offer. Comcast offered 2.875 common shares per Time share. Based on Comcast's closing stock price of $55.24 on 12 February 2014, the last full trading day prior to the announcement, each Time share was valued at $158.815. Upon completion, Comcast and Time were to hold 77% and 23% in the merged entity, respectively. Previously, Charter Communications Inc planned to launch an unsolicited tender offer to acquire the entire share capital of Time. |
Veyance Technologies Inc | Continental AG | 1,910.2 | Continental AG of Germany agreed to acquire Veyance Technologies Inc, a Fairlawn-based manufacturer and wholesaler of conveyer belts, from The Carlyle Group LLC, a unit of The Carlyle Group LP, for an estimated $1.91 billion. |
Cadence Pharmaceuticals Inc | Mallinckrodt PLC | 1,341.3 | Mallinckrodt PLC of Ireland definitively agreed to acquire the entire share capital of Cadence Pharmaceuticals Inc (Cadence), a San Diego-based manufacturer of biopharmaceutical products, for $14 in cash per share, or a total value of $1.341 bil, via a tender offer. The offer was conditioned upon at least a majority of Cadence's shares being tendered. Upon completion, Cadence common shares were to be delisted in NASDAQ. |
Amcol International Corp | Imerys SA | 1,332.5 | Imerys SA of France definitively agreed to acquire the entire share capital of Amcol International Corp (Amcol), a Hoffman Estates-based manufacturer of specialty minerals, for $41 in cash per share, or a total value of $1.333 billion via tender offer. The offer was conditional upon at least a majority of Amcol's shares being tendered. |
Inland Diversified Real Estate Trust Inc | Kite Realty Group Trust | 1,239.2 | Kite Realty Group Trust (Kite) definitively agreed to merge with Inland Diversified Real Estate Trust Inc (Inland) , an Oak Brook-based real estate investment trust, in a stock swap transaction valued at $1.239 bil, subject to a collar agreement. Kite offered 1.707 shares per Inland share. Based on Kite's closing stock price of $6. 15 on 07 February 2014, the last full trading day prior to the announcement of terms, each Inland share was valued at $10.498. |
Victor Technologies Group Inc | Colfax Corp | 947.3 | Colfax Corp agreed to acquire Victor Technologies Group Inc, a St Louis-based manufacturer and wholesaler of cutting and welding products, from Irving Place Capital Inc, for $947.3 mil, including the assumption of an undisclosed amount in liabilities. |
Continental Assurance Co | Wilton Reassurance Co Inc | 615.0 | Wilton Reassurance Co Inc, a unit of Wilton Re Holdings Ltd, definitively agreed to acquire the entire share capital of Continental Assurance Co, a Chicago-based provider of life and group insurance services, from CNA Surety Corp, a unit of Loews Corp's CNA Financial Corp unit, for an estimated $615 million. |
Supertex Inc | Microchip Technology Inc | 377.1 | Microchip Technology Inc agreed to acquire the entire share capital of Supertex Inc, a Sunnyvale-based manufacturer of semiconductor devices. for $33 per share, or an estimated value of $377.084 million in cash. |
Easton-Bell Sports Inc-Easton Baseball/Softball business | Bauer Performance Sports Ltd | 330.0 | Bauer Performance Sports Ltd agreed to acquire the Easton Baseball/Softball business of Easton-Bell Sports Inc, a Van Nuys-based manufacturer and wholesaler of sporting and athletic goods and a unit of Fenway Partners LLC, for $330 million in cash. Upon completion, the business was to be renamed BRG Sports. |
226 West Fifty-Second-Novotel | M&C New York (Times Square) LLC | 273.6 | M&C New York (Times Square) LLC, a unit of the Millennium & Copthorne Hotels PLC subsidiary of Hong Leong Group Singapores City Developments Ltd unit, agreed to acquire the Novotel New York Times Square of 226 West Fifty-Second Street LLC, a New York-based owner and operator of a hotel, for $273.6 million in cash. |
Continental Carbonic Products Inc | Matheson Tri-Gas Inc | 234.0 | Matheson Tri-Gas Inc, a unit of Taiyo Nippon Sanso Corp, acquired Continental Carbonic Products Inc, a Decatur-based manufacturer and supplier of dry ice, for $234 million. |
Tolleson Lumber Co Inc | International Forest Products Ltd | 180.6 | International Forest Products Ltd (International) of Canada agreed to acquire Tolleson Lumber Co Inc, a Perry-based manufacturer of lumber products, from OOO "Ilim Timber Indastri", for $180.588 million. The consideration was to consist of $129.9 million in cash and the assumption of liabilities and the issuance of 3.68 million International common shares valued at $50.688 million. The shares were valued based on International's closing stock price of $13.774 on 7 February 2014, the last full trading day prior to the announcement. |
Hotel Sofitel Chicago Water Tower | Ashford Hospitality Prime Inc | 153.0 | Ashford Hospitality Prime Inc definitively agreed to acquire Hotel Sofitel Chicago Water Tower, a Chicago-based owner and operator of hotel, for $153 million in cash. |
YMF Media LLC-Radio Stations(2) | Emmis Communications Corp | 131.0 | Emmis Communications Corp agreed to acquire two radio stations from YMF Media LLC, a New York-based owner and operator of radio stations for $131 million in cash. |
Nichols Aluminum LLC | Aleris International Inc | 110.0 | Aleris International Inc agreed to acquire Nichols Aluminum LLC, a Davenport-based manufacturer of aluminum flat-rolled products, from Quanex Building Products Corp, for $110 million in cash. Originally, Quanex Building Products Corp was seeking a buyer for Nichols Aluminum. |
Granite Broadcasting Corp-TV Stations(2) | EW Scripps Co | 110.0 | EW Scripps Co, a majority-owned unit of The Edward W Scripps Trust, agreed to acquire two television stations of Granite Broadcasting Corp, a New York-based owner and operator of television and radio broadcasting stations, for $110 million in cash. |
Newpark Resources Inc-Business | ECOSERV LLC | 100.0 | ECOSERV LLC, a unit of Lariat Partners LP, definitively agreed to acquire the environmental services business of Newpark Resources Inc (Newpark), a Woodlands-based manufacturer and wholesaler of oil and gas equipments, for an estimated $100 million in cash. Originally, in May 2013, Newpark announced that it was seeking a buyer for its business. |
VTI Instruments Corp | AMETEK Inc | 74.0 | AMETEK Inc acquired VTI Instruments Corp, an Irvine-based manufacturer of precision test instrument, for $74 million. |
Mountain West Financial Corp | First Interstate BancSystem Inc | 70.4 | First Interstate Bancsystem Inc (First Interstate) definitively agreed to acquire the entire share capital of Mountain West Financial Corp, a Helena-based commercial bank, for $70.415 million. First Interstate offered a choice between $7.125 in cash and 0.2552 Class A First Interstate common share per share, or entirely cash, or entirely Class A common share. The shares were valued based on First Interstate's closing stock price of $24.77 on 7 February 2013, the last full trading day prior to the announcement. |
First Private Holdings Inc | IBERIABANK Corp | 64.0 | IBERIABANK Corp agreed to acquire the entire share capital of First Private Holdings Inc, a Dallas-based bank holding company for First Private Bank of Texas, for an estimated $64 million. |
Manchester Pharmaceuticals Inc | Retrophin Inc | 62.5 | Retrophin Inc agreed to acquire Manchester Pharmaceuticals Inc, a Fort Collins-based manufacturer of pharmaceuticals, for $62.5 million. |
ForwardThink Group Inc | Perficient Inc | 44.8 | Perficient Inc acquired the entire share capital of ForwardThink Group Inc, a New York-based provider of financial consulting services, for an estimated $44.768 million. The consideration consisted of $30 million in cash and the issuance of 0. 742 million common shares, valued at $14.768 million. The shares were valued based on Perficient Inc's closing stock price of $19.9 on 10 February 2013, the last full trading day prior to the announcement. |
ICG ADDCAR Systems LLC | UGM Holdings Pty Ltd | 21.0 | UGM Holdings Pty Ltd acquired ICG ADDCAR Systems LLC, an Ashland-based manufacturer of highwall mining equipments for $21 million in cash. |
HealthScienceMedia Inc | Tarsus Group PLC | 14.0 | Tarsus Group PLC (Tarsus) of the UK agreed to acquire HealthScienceMedia Inc, a Trinton Falls-based provider of health conference services, for $14 million in cash. Concurrently, Tarsus agreed to acquire a 60% stake in Sada Uzmanlik Fuarlari Ticaret AS. |
V3 Systems Inc | Sphere 3D Inc | 11.7 | Sphere 3D Inc of Canada, a unit of TB Mining Ventures Inc, definitively agreed to acquire V3 Systems Inc, a Salt Lake City-based provider of desktop cloud management solutions, for $11.738. The consideration was to consist of $4 million in cash and the issuance of 1.090 million Sphere common shares valued at $7.738. The shares were valued based on Sphere's closing stock price of CAD 7. 10 on 10 February 2014, the last trading day prior to the announcement. |
Aires Pharmaceuticals Inc | Mast Therapeutics Inc | 5.2 | Mast Therapeutics Inc (Mast) definitively agreed to acquire the entire share capital of Aires Pharmaceuticals Inc, a San Diego-based manufacturer of pharmaceuticals, in exchange for 6.163 million Mast common shares valued at $5.226 million. The shares were valued based on Mast's closing stock price of $0.848 on 7 February 2014, the last full trading day prior to the announcement. |
First Mariner Bank,Baltimore,MD | RKJS Bank,MD | 4.8 | RKJS Bank agreed to acquire the entire share capital of Baltimore-based First Mariner Bank, from First Mariner Bancorp Inc, for $4.775 million in cash. |
SiteLark LLC | Flotek Industries Inc | 0.6 | Flotek Industries Inc signed a letter of intent (LOI) to acquire SiteLark LLC, a Plano-based provider of engineering services for $. 6 million in cash. |
Medcare Products Inc | Prism Medical Ltd | 0.3 | Prism Medical Ltd of Canada acquired the remaining 51% interest, which it did not already own, in Medcare Products Inc, a Burnsville-based manufacturer and wholesaler of patient lift equipment, for $0.286 million. |
PVPower Inc-Assets | Juhl Energy Inc | 0.1 | Juhl Energy Inc agreed to acquire the assets of PVPower Inc, a Chicago-based provider of solar distribution services, in exchange for .600 million Juhl common shares valued at $. 114 million. The shares were valued based on Juhls closing stock price of $0.19 on 07 February 2014, the last trading day prior to the announcement. |
ReachLogic Media | A6 Corp | | A6 Corp acquired ReachLogic Media, a Manhattan-based provider of computer design system services. Terms were not disclosed. |
Anderson Daymon Worldwide LLC | Acosta Sales & Marketing Co | | Acosta Sales & Marketing Co, a unit of Thomas H Lee Cos Thomas H Lee Partners LP unit, definitively agreed to acquire Anderson Daymon Worldwide LLC, an Issaquah-based provider of sales and marketing services. |
Tricon Security Group LLC | Actron Alarm Co | | Actron Alarm Co merged with Tricon Security Group LLC, a Lincoln Park-based provider of security services. |
Bio-Medical Services Inc | ALK-Abello A/S | | ALK-Abello A/S of Denmark, acquired Bio-Medical Services Inc, an Austin-based provider of veterinary reference laboratory services. Terms were not disclosed. |
Dynamic Flowform Corp | Allegheny Technologies Inc | | Allegheny Technologies Inc acquired Dynamic Flowform Corp, a Billerica-based manufacturer of metal components. |
Data Physics Corp | Battery Ventures LP | | Battery Ventures LP acquired an undisclosed majority interest in Data Physics Corp, a San Jose-based manufacturer of test and measurement equipment, in a leveraged buyout transaction. |
Kentucky Diversified Fuels LLC | Blaze Energy Corp | | Blaze Energy Corp definitively agreed to acquire Kentucky Diversified Fuels LLC, a Kentucky-based coal mining company. |
Molecular Imprints Inc | Canon Inc | | Canon Inc of Japan agreed to acquire the entire share capital of Molecular Imprints Inc, an Austin-based developer of nano-imprint lithography systems for high resolution and 3-dimensional pattern replication. Terms were not disclosed. |
Pet Carousel Inc | Cargill Inc | | Cargill Inc acquired Pet Carousel Inc, a Sanger-based manufacturer of animal food products. Terms of the deal were not disclosed. |
Stop-n-Go Stores(24) | Casey's General Stores Inc | | Casey's General Stores Inc agreed to acquire 24 Stop- n-Go Stores, located in North Dakota (20) and Minnesota (4). |
Building Portfolio(2) | Dalfen America Corp | | Dalfen America Corp of Canada, a unit of Dalfens Ltd, acquired the two building portfolio located in Jacksonville, Florida. Terms were not disclosed. |
Audio Visual Management Group Inc | Freeman Co | | Freeman Co acquired Audio Visual Management Group Inc, a Richardson-based provider of integrated marketing services. Terms were not disclosed. |
Qualfin Inc | Fusta Blinds SL | | Fusta Blinds SL acquired Qualfin Inc, a San Diego-based manufacturer of wooden Venetian blinds. |
Lumidigm Inc | HID Global Corp | | HID Global Corp, a unit of Assa Abloy AB of Sweden, acquired Lumidigm Inc, an Albuquerque-based manufacturer of biometric fingerprint sensors. |
Photon Technology Intl Inc | HORIBA Instruments Inc | | HORIBA Instruments Inc, a unit of Horiba Ltd, acquired the entire share capital of Photon Technology International Inc, a Birmingham-based manufacturer and wholesaler of electro- optical instruments. Terms were not disclosed. |
Pharmacy Creations LLC | Imprimis Pharmaceuticals Inc | | Imprimis Pharmaceuticals Inc agreed to acquire Pharmacy Creations LLC, a Randolph-based owner and operator of pharmacies. Terms were not disclosed. |
Young Ready-Mix Inc | Ingram Concrete LLC | | Ingram Concrete LLC, a unit of US Concrete Inc, acquired Young Ready-Mix Inc, a Brady-based manufacturer of ready-mix concrete. |
GT STRUDL | Intergraph Process, Power & Marine | | Intergraph Process, Power & Marine, a unit of Hexagon AB's Intergraph Corp subsidiary, acquired GT STRUDL, a Madison-based developer of structural engineering solutions software, from Georgia Tech Research Corp. Terms of the deal were not disclosed. |
Eagleton Engineering LLC | Jacobs Engineering Group Inc | | Jacobs Engineering Group Inc acquired Eagleton Engineering LLC, a Houston-based provider of pipeline engineering from Keystone Capital Inc. |
YOU Technology Brand Svcs Inc | Kroger Co | | Kroger Co acquired YOU Technology Brand Services Inc, a San Francisco-based provider of brand marketing services. Terms were not disclosed. |
Hammer Lane Volkswagen | Lithia Motors Inc | | Lithia Motors Inc acquired Hammer Lane Volkswagen (Hammer), a Stockton-based owner and operator of automotive dealerships. On completion, Hammer was renamed Volkswagen of Stockton. |
Klout Inc | Lithium Technologies Inc | | Lithium Technologies Inc was rumored to be planning to acquire Klout Inc, a San Francisco-based provider of monitoring user reach services. |
Staybridge Suites,Omaha,NE | Lodging Dynamics Hospitality Group | | Lodging Dynamics Hospitality Group acquired Staybridge Suites, an Omaha-based owner and operator of hotel. |
Montana Seed Grain & Chemical LLC | Northern Seed LLC | | Northern Seed LLC, a majority-owned unit of Lariat Partners LP, acquired Montana Seed Grain & Chemical LLC, a Billings-based wholesaler of seeds and grains. Terms were not disclosed. |
Advantage Business Media LLC | Owner Resource Group LLC | | Owner Resource Group LLC acquired Advantage Business Media LLC, a Rockaway-based publisher of news articles, in a leveraged buyout transaction. |
Advanced Beauty Inc-Dr Teal's | Parfums de Coeur Ltd | | Parfums De Coeur Ltd acquired the Dr. Teal's Therapeutic Solutions brand of Advanced Beauty Inc, a Dallas-based manufacturer of health and beauty products. Terms were not disclosed. |
Women's Marketing Inc | PNC Riverarch Capital | | PNC RiverArch Capital, a unit of PNC Financial Services Group Inc, acquired an undisclosed majority interest in Women's Marketing Inc, a Westport-based provider of media planning and marketing consulting services, from Halyard Capital, Steelpoint Capital Partners LP, and other shareholders, in a leveraged buyout transaction. Terms were not disclosed. |
Faus Group Inc | QEP Co Inc | | QEP Co Inc signed a Letter of Intent {LoI} to acquire Faus Group Inc (FGI), a Calhoun-based manufacturer and wholesaler of laminated floors, from Industrias Auxiliares Faus SL (IAF). Originally, in November 2013, IAF announced that it was seeking a buyer for its FGI unit. |
Granite Broadcasting Corp-Radio(4) | Quincy Newspapers Inc | | Quincy Newspapers Inc agreed to acquire four radio stations of Granite Broadcasting Corp, a New York-based owner and operator of television and radio stations. Terms were not disclosed. |
Malara Broadcast Group Inc-TV | Quincy Newspapers Inc | | Quincy Newspapers Inc (Quincy) definitively agreed to acquire a television station from Malara Broadcast Group Inc, a Sarasota-based owner and operator of television stations. Terms were not disclosed. Concurrently, Quincy definitively agreed to acquire three television stations from Granite Broadcasting Corp. |
Bookt LLC | RealPage Inc | | RealPage Inc acquired Bookt LLC, a Hollywood-based developer of software for online booking and managing of vacation rentals. Terms were not disclosed. |
Altruik Inc | SearchDex LLC | | SearchDex LLC acquired Altruik Inc, a New York-based provider of ecommerce services. |
Processes Unlimited International Inc | Stantec Inc | | Stantec Inc of Canada signed a Letter of Intent {LOI} to acquire Processes Unlimited International Inc, a Bakersfield-based provider of full-service planning, engineering, design, project management and safety services. Terms were not disclosed. |
Atlantic Express Transportation Group Inc-California Operations | Student Transportation Inc | | Student Transportation Inc of Canada acquired two California operations of Atlantic Express Transportation Group Inc, a Staten Island-based provider of bus transportation services. |
WIT Water Transfer LLC | TETRA Technologies Inc | | TETRA Technologies Inc acquired WIT Water Transfer LLC, a Beaumont-based provider of water management services. |
Alfrebro LLC | WILD Flavors Inc | | WILD Flavors Inc acquired Alfrebro LLC, a Monroe-based manufacturer of flavor extracts and aroma chemicals. |
Source: Thomson Reuters | | | |