Yahoo Agrees to Acquire Inktomi

Coca-Cola FEMSA announces plans to buy PanAmerican Beverages, and more merger news

Yahoo! (YHOO ) says it will acquire Inktomi (INKT ) for $235 million to bolster its search business. (12/23)

PanAmerican Beverages (PB ), Latin America's largest soft-drink bottler, agrees to be acquired by Coca-Cola FEMSA (KOF ) in a $3.6 billion deal, including the assumption of debt. Terms: $22 cash per PB share. (12/23)

Coorstek (CRTK ) agrees to be acquired by Keystone Holding and Keystone Acquisition in a $358 million deal, including debt. Terms: $26 cash per CRTK share. (12/23)

Wyndcrest Holdings LLC raised its cash offer for Cosine Communications (COSN ) to $95.5 million, or about $9.50 per COSN share. On Dec. 20, COSN rejected a $9.11 per share offer from Wyndcrest Holdings. (12/23)

Seacoast Financial Services (SCFS ) agrees to buy Bay State Bancorp (BYS ) for $27 cash, 1.257 SCFS shares, or a combination thereof for each BYS share. (12/20)

Dole Foods (DOL ) CEO David Murdock plans to take the company private at $33.50 per DOL share. (12/19)

Veritas Software (VRTS ) agrees to buy Precise Software (PRSE ) for $16.50 per share. (12/19)

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