Target Acquirer Value ($millions) Synopsis
Cubist Pharmaceuticals Inc Merck & Co Inc 9,334.7 Merck & Co definitively agreed to acquire the entire share capital of Cubist Pharmaceuticals Inc, a Lexington-based biopharmaceutical company, for $102 in cash per share, or a total value of $9.335 billion including the assumption $1.1 billion in liabilities via a tender offer. The offer was conditioned upon at least majority of Cubist Pharmaceuticals's shares being tendered. Originally, In December 2015, Merck was rumored to be planning to acquire the entire share capital of Cubist Pharmaceuticals.
Blackstone Group LP-Northern California Portfolio Hudson Pacific Properties Inc 3,538.8 Hudson Pacific Properties Inc definitively agreed to acquire Northern California portfolio of Blackstone Group LP, a New York-based private equity and investment firm, for $3.539 billion. The consideration offered was to consist of $1.75 billion in cash and the issuance of 6.35 Hudson Pacific Properties common shares valued at $1.789 billion. The shares were valued based on Hudson Pacific Properties's closing stock price of $28.17 on 05 December 2014, the last full trading day prior to the announcement. The transaction included the San Francisco Peninsula and Silicon Valley portfolio.
Union Power Partners LP-Union Power Station Entergy Corp 948.0 Entergy Corp, through a subsidiary, agreed to acquire the Union Power Station of Union Power Partners LP, an El Dorado-based owner and operator of a power generation facility and a unit of Entegra TC LLC, ultimately-owned by Entegra Power Group LLC, for an estimated $948 million.
Royall & Co Advisory Board Co 850.0 Advisory Board Co definitively agreed to acquire the entire share capital of Royall & Co, a Richmond-based provider of recruitment marketing services, from Chicago Growth Partners LLC for $850 million. The consideration offered was to consist of $750 million in cash and $100 million in Advisory Board common shares.
Fotolia LLC Adobe Systems Inc 800.0 Adobe Systems Inc definitively agreed to acquire Fotolia LLC, a New York-based provider of online marketplace services, from Kohlberg Kravis Roberts & Co LP, a unit of KKR & Co LP, for an estimated $800 million in cash.
Tripwire Inc Belden Inc 710.0 Belden Inc definitively agreed to acquire Tripwire Inc, a Portland-based developer of security and compliance solutions, from Thoma Bravo LLC for $710 million in cash.
iHeartMedia Inc-Radio Tower Portfolio Vertical Bridge Holdings LLC 400.0 Vertical Bridge Holdings LLC, through an affiliate, agreed to acquire the radio tower asset portfolio of iHeartMedia Inc, a San Antonio-based proviider of radio, digital, outdoor, mobile, social, live events, on-demand entertainment and information services, for an estimated $400 million.
Industrial Safety Technologies LLC Scott Technologies Inc 329.5 Scott Technologies Inc, a unit of Tyco International PLC, definitively agreed to acquire Industrial Safety Technologies LLC, a Woodlands-based manufacturer of industrial safety products, from Battery Ventures LP for $329.5 million in cash.
Georgia Commerce Bancshares IBERIABANK Corp 300.3 IBERIABANK Corp definitively agreed to acquire the entire share capital of Georgia Commerce Bancshares Inc, an Atlanta-based commercial bank, in exchange for 4.605 million IBERIABANK common shares valued at $300.3 million in a stock swap transaction. The shares were valued based on IBERIABANK's closing stock price of $65.21 on 05 December 2014, the last full trading day prior to the announcement.
Heritage Financial Group Inc Renasant Corp 253.4 Renasant Corp definitively agreed to acquire the entire share capital of Heritage Financial Group Inc, an Albany-based bank holding company, in a stock swap transaction valued at $253.369 million. Renasant offered 0.9266 common shares per Heritage Financial Group share. Based on Renasant's closing stock price of $29.76 on 09 December 2014, the last full trading day prior to the announcement, each Heritage Financial Group share was valued at $27.576.
Boston Heart Diagnostics Corp Eurofins Scientific SE 200.0 Eurofins Scientific SE of Luxembourg definitively agreed to acquire Boston Heart Diagnostics Corp, a Framingham-based provider of heart health management services, from Bain Capital Ventures LLC, a unit of Bain Capital LLC, for $200 million. The consideration offered was to consist of $140 million and up to $60 million in profit-related payments.
Fairmont Hotel,Washington,DC MetLife Inc 180.0 MetLife Inc acquired Fairmont Hotel, a Washington-based hotel, from Ivanhoe Cambridge Inc, ultimately-owned by Caisse de Depot & Placement du Quebec, for $180 million.
EI du Pont de Nemours & Co-Chloroprene Rubber Denka Performance Elastomer 117.7 Denka Performance Elastomer, jointly-owned by Denki Kagaku Kogyo KK (70%) and Mitsui & Co Ltd (30%), agreed to acquire the chloroprene rubber business of EI du Pont de Nemours & Co, a Wilmington-based manufacturer of chemicals and electronic products, for an estimated $117.712 million.
Lincoln Financial Media Co Entercom Communications Corp 105.0 Entercom Communications Corp definitively agreed to acquire the entire share capital of Lincoln Financial Media Co, a Greensboro-based owner and operator of radio stations, from Lincoln National Life Insurance Co, ultimately-owned by Lincoln National Corp, for $105 million. The consideration offered was to consist of $77.5 million in cash and the issuance of new Series A cumulative convertible preferred stock valued at $27.5 million.
Erickson Oil Products Inc CrossAmerica Partners LP 85.0 Crossamerica Partners LP definitively agreed to acquire the entire share capital of Erickson Oil Products Inc, a Hudson-based owner and operator of chain of convenience stores with gas stations, for an estimated $85 million. The transaction was to include certain related assets.
Alliance United Insurance Co Kemper Corp 70.0 Kemper Corp definitively agreed to acquire Alliance United Insurance Co, a Camarillo-based provider of automotive insurance services, for an estimated $70 million in cash.
Verso Bucksport LLC AIM Development (USA) LLC 60.0 AIM Development (USA) LLC, a unit of American Iron & Metal Co Inc, agreed to acquire Verso Bucksport LLC, a Memphis-based manufacturer of paper products, from Verso Paper Corp, a unit of Verso Paper Corp, ultimately-owned by Apollo Global Management LLC, for an estimated $60 million in cash.
Union Stn Hotel,Nashville,Tennessee Pebblebrook Hotel Trust 52.3 Pebblebrook Hotel Trust acquired Union Station Hotel, located in Nashville, Tennessee, for $52.3 million.
Swaggart Brothers Inc John Wood Group PLC 36.3 John Wood Group PLC of the UK acquired Swaggart Brothers Inc, a Stanfield-based provider of civil construction and fabrication services, for $36.3 million and a further undisclosed amount in profit-related payments.
Merrill Lynch Alternative Investments LLC-Hedge Fund Man Group PLC 32.9 Man Group PLC of the UK agreed to acquire a portfolio of hedge fund assets of Merrill Lynch Alternative Investments LLC, a New York-based provider of investment management services, and a unit of Bank of America Corp, for an estimated $32.9 million. The consideration was to consist of $2.9 million and up to a further $30 million in profit-related payments.
Dixie Valley Shopping Center Inland Real Estate Income Trust Inc 13.6 Inland Real Estate Income Trust Inc acquired Dixie Valley Shopping Center, a Louisville-based shopping center, from Baceline Investments LLC for $13.6 million.
Spring Village of Wildewood Sentio Healthcare Properties Inc 9.7 Sentio Healthcare Properties Inc acquired Spring Village of Wildewood, a California-based provider of senior housing services, for $9.65 million.
SPG Energy Group LLC ERM Power Ltd 7.8 ERM Power Ltd of Australia planned to acquire SPG Energy Group LLC, a Sugar Land-based provider of electricity services, for $7.8 million. The consideration offered was to consist of $7.4 million in cah and $0.4 million in ERM Power ordinary shares.
Worldwide Promedica Inc Cello Group PLC 2.5 Cello Group PLC of the UK acquired Worldwide Promedica Inc, a Burlingame-based provider of marketing research services, for an estimated $2.5 million. The consideration offered was to consist of $0.7 million in cash and up to $1.8 million in profit-related payments.
Image Access Inc CIAO Group Inc 0.3 CIAO Group Inc acquired the entire share capital of Image Access Inc, a Metairie-based provider of telecommunications services, in exchange for 1.5 million common shares valued at $0.3 million. The shares were valued based on CIAO Group's closing stock price of $0.2 on 5 December 2014, the last full trading day prior to the announcement. Concurrently, CIAO Group acquired the entire share capital of Global Axiom Services LLC.
Gulfsands Petroleum USA Inc Hillcrest Resources Ltd 0.1 Hillcrest Resources Ltd of Canada agreed to acquire the entire share capital of Gulfsands Petroleum USA Inc, a Houston-based oil and gas exploration and production company, from Gulfsands Petroleum PLC for $0.050 million and an assumption of an undisclosed amount in liabilities.
ClaimCor Inc 1347 Property Insurance Holdings Inc   1347 Property Insurance Holdings Inc definitively agreed to acquire ClaimCor Inc, a St. Petersburg-based insurance agency. Terms were not disclosed.
cPrime Inc Alten SA   Alten SA of France acquired cPrime Inc, a San Francisco-based provider of technology training and mentoring services.
Voyager Bank Anchor Bank NA   Anchor Bank NA, a unit of Anchor Bancorp Inc, agreed to acquire Eden Prairie-based Voyager Bank from VFSC Inc.
AppArchitect AppGyver Inc   AppGyver Inc acquired AppArchitect, a provider of mobile application creation platforms. Terms were not disclosed.
Radian Group Inc-Financial Guaranty Assured Guaranty Ltd   Assured Guaranty Ltd of Bermuda was rumored to be planning to acquire the financial guaranty business of Radian Group Inc, a Philadelphia-based provider of mortgage insurance services. Terms were not disclosed, but according to the people familiar with the transaction, the deal was valued at an estimated $800 million.
Santander Consumer USA Holdings Inc Banco Santander SA   Banco Santander SA of Spain was rumored to be planning to acquire the remaining 39.49% interest which it did not already own in Santander Consumer USA Holdings Inc, a Dallas-based provider of consumer finance services.
Care1st Health Plan Blue Shield of California   Blue Shield of California agreed to acquire Care1st Health Plan, a Monterey Park-based provider of patient health care plan services.
SkyView Investment Advisors LLC BPV Capital Management   BPV Capital Management acquired Skyview Investment Advisors LLC, a Shrewsbury-based provider of investment management services. Terms of the transaction were not disclosed.
Global Axiom Services LLC CIAO Group Inc   CIAO Group Inc acquired the entire share capital of Global Axiom Services LLC, a Houston-based provider of telecommunications services. Concurrently, CIAO Group acquired Image Access Inc. The two transactions had a combined value of $0.3 million.
OpenCore LLC Cirruspath LLC   Cirruspath LLC acquired OpenCore LLC, a Knoxville-based developer of open-source development tool for big data applications.
SmartFinancial Inc Cornerstone Bancshares Inc   Cornerstone Bancshares Inc definitively agreed to acquire the entire share capital of SmartFinancial Inc, a Pigeon Forge-based bank holding company.
DDC Advocacy LLC DAS Group Inc   DAS Group Inc, a unit of Omicom Group Inc, acquired DDC Advocacy LLC, a Washington-based provider of advocacy management services.
KNG Corp-Hawaiian Wedding Business Diamond Wedding LLC   Diamond Wedding LLC, a unit of Diamond Dining Co Ltd of Japan's Diamond Dining International Corp unit, planned to acquire the Hawaiian wedding business and assets of KNG Corp, a Hawaii-based provider of wedding planning services.
Aon Hewitt-Payroll Processing Everstone Capital Advisors   Everstone Capital Advisors Pvt Ltd of India, a unit of Capital First Ltd, ultimately-owned by Warburg Pincus LLC, was rumored to be planning to acquire the payroll processing business of Aon Hewitt, a Lincolnshire-based provider of human resource consulting and outsourcing services, ultimately-owned by Aon Corp. Terms were not disclosed, but according to people familiar with the transaction, the deal was valued at $60 million.
Electrolytic Technologies Corp-Certain Assets Gables Energy Partners LLC   Gables Energy Partners LLC acquired certain assets of Electrolytic Technologies Corp, a North Miami Beach-based manufacturer of on-site chlorine and sodium hypochlorite generation systems. Terms were not disclosed. The transaction was to include intellectual property.
Fairway Media Group LLC GTCR LLC   GTCR LLC was rumored to be planning to acquire Fairway Media Group LLC, a Duncan-based provider of outdoor advertising services, from ACON Investments LLC in a leveraged buyout transaction. Terms were not disclosed, but according to people familiar with the transaction, the deal was valued at an estimated $550 million.
Intellifuse Technologies LLC H-D Advanced Manufacturing Co   H-D Advanced Manufacturing Co, a joint venture between Hicks Equity Partners LLC, Riverside Co and Weinberg Capital Group, acquired Intellifuse Technologies LLC, a Houston-based manufacturer of coating technologies.
Duos Technologies Inc Information Systems Associates Inc   Information Systems Associates Inc signed a letter of intent to merge with Duos Technologies Inc, a Jacksonville-based developer of video surveillance software, in exchange for Information Systems Associates common shares in a stock swap reverse takeover transaction.
North Carolina Elderly Psychiatric Services PLLC IPC The Hospitalist Co Inc   IPC The Hospitalist Co Inc acquired North Carolina Elderly Psychiatric Services PLLC, a Raleigh-based provider of psychiatry and psychological services.
Aurora Investment Counsel Inc Lebenthal Asset Management LLC   Lebenthal Asset Management LLC acquired Aurora Investment Counsel Inc, an Atlanta-based provider of investment advisory services. Terms were not disclosed.
PSC LLC Littlejohn & Co LLC   Littlejohn & Co LLC acquired PSC LLC, a Houston-based provider of waste management services, from Lindsay Goldberg LLC in a secondary buyout transaction. Previously, Lindsay Goldberg acquired PSC LLC in a leveraged buyout transaction.
Fesnak LLP McGladrey LLP   McGladrey LLP, a unit of Rudolph Palitz LLC, ultimately-owned by H&R Block Inc, definitively agreed to acquire Fesnak LLP, a Blue Bell-based provider of accounting and business advisory services. Terms were not disclosed.
Physicians Professional Indemnity Association Missouri Professionals Mutual   Missouri Professionals Mutual merged with Physicians Professional Indemnity Association, a Union-based provider of medial liability insurance services.
Residence Inn Tampa Westshore Noble Investment Group LLC   In December 2014, Noble Investment Group LLC was rumored to be planning to acquire the Residence Inn Tampa Westshore, a Tampa-based hotel, from McKibbon Hotel Group Inc. Terms were not disclosed, but according to sources close to the situation, the deal was valued at an estimated $21.4 million. The transaction was to include TownePlace Suites.
420careers.com Northsight Capital Inc   Northsight Capital Inc acquired 420careers.com, a Scottsdale-based provider of marijuana industry job search website services, from Hemp American Media Group. Concurrently, Northsight Capital acquired MJbizwire.
MJbizwire Northsight Capital Inc   Northsight Capital Inc acquired MJbizwire, a Scottsdale-based publishing company for marijuana industry businesses, from Hemp American Media Group. Concurrently, Northsight Capital acquired 420careers.com.
BidSync Periscope Holdings Inc   Periscope Holdings Inc acquired the entire share capital of BidSync, an American Fork-based developer of purchasing and electronic procurement solutions. Terms were not disclosed. On completion, the merged entity retained the name of Periscope Holdings Inc.
Travel Dynamics International Inc Ponant   Ponant of France acquired Travel Dynamics International Inc, a New York-based travel agency operator, from Ambassadors International Inc.
Tri-Delta Plastics Inc Pretium Packaging LLC   Pretium Packaging LLC, a unit of Genstar Capital LLC, acquired Tri-Delta Plastics Inc, a Hillsborough-based manufacturer of plastics products. Terms were not disclosed.
LWG Consulting Inc PT&C Forensic Consulting Services PA   PT&C Forensic Consulting Services PA, a unit of Engle Martin & Associates Inc, acquired LWG Consulting Inc, a Northbrook-based provider of data recovery consultancy services.
Scofield Construction Services LLC Redi Mix Concrete LLC   Redi-Mix Concrete LLC, a wholly-owned unit of US Concrete Inc, acquired Scofield Construction Services LLC, a San Antonio-based manufacturer of concrete products. The transaction included Mobile-Crete of South Texas LLC.
PTI Marketing Technologies Inc Ricoh Co Ltd   Ricoh Co Ltd of Japan acquired PTI Marketing Technologies Inc, a Solana Beach-based provider of SaaS (software-as-a-service) marketing asset management and marketing solutions.
Goodrich Petroleum Corp-Eagle Ford Shale Seeking Buyer   In December 2014, Goodrich Petroleum Corp, a Houston-based oil and gas exploration and production company, announced that it was seeking a buyer for its Eagle Ford Shale assets.
Stonehenge Management LLC-NYC Property Portfolio SL Green Realty Corp   SL Green Realty Corp agreed to acquire a 50% interest in the New York City residential portfolio of Stonehenge Management LLC, a New York-based real estate agency.
BigVisible Solutions Inc SolutionsIQ Inc   Solutionsiq Inc acquired BigVisible Solutions Inc, a Boston-based provider of agile transformation solutions.
Spirit AeroSystems-Gulfstream Wing Assets Triumph Group Inc   Triumph Group Inc definitively agreed to acquire the Gulfstream G650 and G280 wing programs of Spirit AeroSystems Holdings Inc, a Wichita-based manufacturer and wholesaler of commercial airplane assemblies and components and a majority-owned unit of Onex Corp. Originally, in August 2013, Spirit AeroSystems Holdings announced that it was seeking a buyer for its Oklahoma operations. GKN PLC was named as a rumored potential bidder.
Good Game Agency Twitch Interactive Inc   Twitch Interactive Inc, a unit of Amazon.com Inc, agreed to acquire Good Game Agency, a San Francisco-based provider of e-sports and live video game broadcasting advertising services.
TicToc Planet Inc WB III Acquisition Corp   WB III Acquisition Corp of Canada, through its WB III Subco Inc, definitively agreed to merge with TicToc Planet Inc, a San Francisco-based developer of mobile messaging applications. Upon completion, WB III Acquisition was to change its name to Frankly Inc.
US M&A Seeking Buyer Deals Announced December 7 - December 12, 2014      
Source: Thomson Reuters      

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