Mills agrees to be bought by Simon Property and Farralon Capital Management, and more deal news
From Standard & Poor's Equity Research
Deals in the news
BusinessWeek reports AMR is buyout target of group that includes GS, BAB, but newswires reporting that neither GS, BAB have such plans.
BBV to buy: either 2.8 BBV ADSs or $71.82 cash = CBSS share, subject to proration.
Affilate of MTG, RDN to buy: $5.32 = FICC.
SPG, Farallon Capital Mgmt LLC to buy: $25.25 = MLS.
Retains Lazard Freres & Co. to explore strategic alternatives.
EFX to buy: either 0.861 EFX, $35.50 or a combo. of stock plus cash of equivalent value = TALX.
CKFR to buy: $5.15 = CORI.
CUMBERLAND RES L
AEM to buy: 0.185 AEM = CLG.
DOLLAR THRIFTY A
NYT reports DTG in early talks to merge with Vanguard Car Rental, owner of Nat'l, Alamo chains, in deal valued at $3B+.
The Times of London reports BHP BILLITON, RIO TINTO have drawn up plans for a $40B takeover of AA.
Hires Citigroup Global Markets LLC, Banc of America LLC as advisors to explore possible sale of co., other alternatives.
CVS, CMX sweeten value of their proposed merger for CMX shareholders by increasing special cash dividend payable to CMX holders following merger with CVS to $6 per share from previously announced $2.
Retains financial advisors to explore ways to enhance shareholder value.
Says its board determined $24/share offer from SGP, Farallon Capital Mgmt LLC to be more favorable than MLS's merger pact with Brookfield Asset Mgmt Inc.
CYTC to buy: $24 = ADZA.
The Times of London reports that SNY has called off merger talks with BMY.
FOUR SEASONS HOT
Agrees to be taken private by group that includes Saudi Prince Alwaleed bin Talal, investment firm owned by MSFT Chairman Bill Gates: $82 = FS.
TS to buy: $97 = HYDL.
LAMSON & SESSION
Hires Perella Weinberg Partners to explore potential sale of co. or assets.
Hindalco Industries Ltd. to buy: $44.93 = NVL.
WSJ says TRB leaning away from accepting any offers from outside bidders, opting instead to restructure on its own.
Hires Goldman Sachs to explore potential sale of co., other alternatives.
Esmark Inc. confirms terms of its bid to buy WPSC, puts its offer to independent committee of WPSC board... WPSC holders would get 1 share in new co. or $20 cash per WPSC share.
Verint Systems Inc. to buy: $27.50 = WITS.
FirstGroup Plc to buy: $35.25 = LI.
Affiliate of Carl C. Icahn to buy: $36 = LEA.
LumaSense Technologies Inc. to buy: $11.50 = MIKR.