Medtronic to acquire Sofamor Danek in stock deal that could top $3 billion

Article Abstract:

Minneapolis-based Medtronic Inc. will acquire Memphis-based Sofamor Danek Group Inc. in a stock only deal. The deal is speculated to be worth over $3 billion. Medtronics stands to make substantial strides in the neurology device business by acquiring Sofamor Danek, so substantial that the line could become larger than its current heart disease treatment line of devices which includes pacemakers. The two companies do not have any duplication of products, only the same market niche, orthopedic and neurological surgeons.

Medical Instruments and Supplies, Surgical and Medical Instrument Manufacturing, Surgical Instruments, Mergers, acquisitions and divestments, Abstract, Medical equipment industry, Surgical equipment and supplies industry, Medtronic Inc., MDT, Sofamor Danek Group Inc., SDG

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United Rentals to acquire U.S. Rentals for stock valued at about $1 Billion

Article Abstract:

United Rentals is soon to announce their acquisition of US Rentals, their rival in the equipment rental business, valued at roughly $653 million dollars. One of the top equipment companies in a $20 billion dollar a year industry, the acquisition will establish United Rentals as the leader in the industy over Hertz Corp, and is expected to increase the company's annual revenue to $480 million. Bill Berry, chief executive of US Rentals, is expected to become the president of United Rentals.

Company Planning/Goals, Equipment Leasing & Rental, Rental and Leasing Services, Equipment rental, United Rentals Inc., US Rentals Co.

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Acxiom will acquire May & Speh in $625 million stock transaction

Article Abstract:

Acxiom Corp. has reached an agreement to purchase May & Speh Inc. for approximately $625 million in stock. The deal takes place as the direct-marketing industry is seeing a trend towards consolidation. Acxiom offers data products and other services to a wide range of clientele. The combined revenue of the two companies will amount to approximately $700 million every year. The acquisition price comes out to $17.44 a share.

On-Line Information Services, Database Vendors, Agency Formation/Mergers, Direct Mail Advertising, Direct Mail Advertising Svcs, Agency Planning/Goals, Database industry, Acxiom Corp., May and Speh Inc.

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