MGM Sells Stake in Rainbow Cable Networks to Cablevision

Circuit City rejects a bid from Carlos Slim Helu Group, and more deal news

Metro-Goldwyn-Mayer Inc. (MGM ) agrees to sell its stake in Rainbow Cable Networks, which includes American Movie Classics, Independent Film Channel and Womens' Entertainment, back to Cablevision Systems (CVC ) for $500 million. (6/30)

International Game Technology (IGT ) agrees to buy Acres Gaming (AGAM ) for $11.50 per AGAM share. (6/30)

DVI Inc. (DVI ) says it is reviewing its alternatives. (6/30)

Dean Foods (DF ) agrees to fully acquire Horizon Organic (HCOW ) for $24 per share. (6/30)

A newly formed corporation owned by Symphony Technology II-A L.P. agrees to buy Information Resources (IRIC ) for $3.30 per IRIC share. (6/30)

Heartland Advisors' Eric Miller says Orthologic Corp (OLGC ) is a buyout candidate due to its rapid revenue growth: BusinessWeek. (6/27)

New York Community Bancorp (NYB ) agrees to buy Roslyn Bancorp (RSLN ) for 0.75 NYB share for each RSLN share. (6/27)

Circuit City Stores (CC ) rejects $8-per share bid from Carlos Slim Helu Group. (6/26)

Wright Holding Inc. agrees to buy Elder-Beerman Stores (EBSC ) for $6.00 per EBSC share. (6/26)

The Wall Street Journal reports that Lehman Brothers (LEH ) is in talks to buy Neuberger Berman (NEU ) for about $3 billion. (6/26)

Dirk Inc. agrees to buy Troy Group (TROY ) for $2.76 per TROY share. (6/25)

Kroll Inc. (KROL ) agrees to buy Factual Data (FDCC ) for $14 cash, and $3.50 in KROL stock per share. (6/24)

IDEC Pharmaceuticals(IDPH ) agrees to buy Biogen Inc. (BGEN ) for 1.15 IDEC per BGEN share, in a deal valued at about $6.4 billion. (6/23)

Geac Computer Corp. agrees to buy Comshare, Inc. (CSRE ) for US$4.60 per CSRE share. (6/23)

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