Mergers and Acquisitions

General Electric Co (NYSE: GE) has announced its plans to purchase Dresser Inc for $3 billion. Barclays Capital was the financial advisor of GE on the deal. The diverse portfolio of Dresser will help GE in complementing many of its product offerings. Dresser is operating in more than 100 countries...

Crucell NV (NASDAQ: CRXL) has agreed to be purchased by Johnson & Johnson (NYSE: JNJ) for 1.75 billion euros ($2.42 billion). JNJ will buy the outstanding 82.1% shares of CRXL for 24.75 euros ($34.26) per share, representing a premium of 58% over CRXL's closing price on September 16. The board...

B/E Aerospace Inc (NASDAQ: BEAV) has entered into an agreement to buy TSI Group Inc for $310 million cash. The deal price of $310 million represents two-fold TSI's annual revenue and about 9.5 fold TSI's earnings before interest, taxes, depreciation and amortization (EBITDA). The company expects...

Microsemi Corp (NASDAQ: MSCC) has agreed to acquire Actel Corp (NASDAQ: ACTL) for around $430 million for expanding in the defense and aerospace market. Microsemi has offered to buy Actel for $20.88 per share in a cash tender offer. MSCC is expecting the acquisition to gain $0.22 to $0.28 per share...

Johnson & Johnson (NYSE: JNJ) has planned to acquire all the outstanding shares of Dutch biopharmaceutical company Crucell NV (NASDAQ: CRXL) for about €1.75 billion ($2.29 billion). JNJ intends to offer €24.75 per share to buy CRXL, representing a 58% premium to CRXL's closing price of €15.70...

Shares of Occam Networks Inc (NASDAQ: OCNW) jumped after the company agreed to be acquired by Calix Inc (NASDAQ: CALX) for about $171 million. CALX will buy OCNW for $7.75 per share, representing a 47% premium to OCNW's closing price on Wednesday. Calix is expecting the deal to close by the fourth...

Honeywell International Inc (NYSE: HON) has announced the completion of its Sperian Protection acquisition for around $1.4 billion, including assumption of net debt. Shares of HON have risen 6.14% over the past month and have gained 13.50% so far this year. Honeywell's shares lost 0.02% to $43.53...

ITT Corporation (NYSE: ITT) has agreed to buy all the outstanding shares of OI Corporation (NASDAQ: OICO) for about $29 million. ITT will buy all outstanding shares of OICO for $12 per share, representing a 43% premium to the OICO’s closing stock price yesterday. OICO will become a subsidiary of...

MedAssets Inc (NASDAQ: MDAS) reported the acquisition of Texas-based The Broadlane Group. The Broadlane Group leads in providing solutions for centralized procurement, supply chain management, clinical workforce optimization, etc. According to the deal, MedAssets will buy The Broadlane Group for...

William Demant (NYSE: WDH) is acquiring Otix Global Inc (NASDAQ: OTIX) for about $50 million in cash. WDH is offering $8.60 per share to the shareholders of Otix, representing a 113% premium to OTIX's closing price on Friday. The deal also requires to be approved by the shareholders of OTIX. The...

Hewlett-Packard Company (NYSE: HPQ) has agreed to buy ArcSight Inc (NASDAQ: ARST) in a $1.5 billion deal. The deal is HPQ's second substantial purchase in the past two weeks, following the company's acquisition of 3PAR (NYSE: PAR). Last month HP acquired software security vendor Fortify Software....

ResCare Inc (NASDAQ: RSCR) has entered into a definitive agreement with Onex Corporation’s affiliate Onex Partners III LP. Onex will acquire all the outstanding shares of RSCR, under the agreement. Onex will purchase the RSCR’s shares for $13.25 per share in cash, representing a 30.7% premium to...

Goldcorp Inc (NYSE: GG) has signed an agreement with Andean Resources Ltd to purchase all the remaining shares of Andean Resources Ltd for a sum of around $3.6 billion CAD ($3.4 billion). The deal values the shares of Andean Resources Ltd at a 35% premium to its Toronto’s closing price on...

The fierce, three-week bidding war for 3Par Inc (NYSE: PAR) seems to have finally come to an end after Hewlett-Packard Co (NYSE: HPQ) sweetened its bid to $33 a share. Dell Inc (NASDAQ: DELL) opted for a ceasefire by issuing a statement saying that it will not raise its offer for the data storage...