Merger Arbitrage Mondays: July 25, 2011
By Asif Suria: Merger activity decreased last week with five new deals announced and three closing.You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours.
Deal Statistics:
Total Number of Deals Closed in 2011
128
Total Number of Deals Not Completed in 2011
1
Total Number of Pending Deals
Cash Deals
36
Stock Deals
23
Stock & Cash Deals
11
Total Number of Pending Deals
70
New Deals:
- The acquisition of Nalco Holdings (NLC) by Ecolab (ECL) for $5.4 billion in a stock or cash deal. Under the terms of the agreement, Nalco’s shareholders may elect to receive either 0.7005 share of Ecolab common stock or $38.80 in cash, without interest, per share of Nalco common stock. The overall mix of consideration paid to Nalco shareholders will be approximately 30% cash and 70% stock.
- The acquisition of Allos Therapeutics (ALTH) by
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