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Published September 28, 2009 at 4:18 PM
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 Welcome to Deal Stocks. Multibillion-dollar merger Mondays are back in a big way with deals out of Xerox Corp. (NYSE:XRX), Affiliated Computer Services Inc. (NYSE:ACS), Abbott Laboratories (NYSE:ABT), Kraft Foods Inc. (NYSE:KFT), Cadbury plc (NYSE:CBY), Time Warner Inc. (NYSE:TWX), Focus Media Holding Ld. (NASDAQ:FMCN), GenTek Inc. (NASDAQ:GETI) and Dow Chemical Co. (NYSE:DOW).
For more Deal Stocks, check out arbitrage charts in The Deal Pipeline (subscription required) and stocktwits.
Stock finished up Monday because of strong M&A activity. The Dow closed up 124.17, or 1.28%, to 9,789.36, while the Nasdaq closed up 39.82, or 1.90%, to 2,130.74.
M&A
- Focus Media Holding Ltd. (NASDAQ:FMCN) and Sina Corp. (NASDAQ:SINA) called off their plans for a $1.66 billion stock merger.
- GenTek Inc. (NASDAQ:GETI) will be acquired by ASP GT Acquisition Corp., a wholly owned subsidiary of investment funds managed by American Securities LLC, a private equity firm, for $673 million dollars, which includes the assumption of $262 million in debt. (The Deal Pipeline subscribers can read the full story here.)
- Xerox Corp. (NYSE:XRX) is purchasing Affiliated Computer Services Inc. (NYSE:ACS) for $5.75 billion, or $63.11 a share, plus $2 billion in debt. The deal calls for ACS shareholders to receive $18.60 per share in cash plus 4.935 Xerox shares for each ACS share they own. (The Deal Pipeline subscribers can read the full story here.)
- Abbott Laboratories (NYSE:ABT) is buying the pharmaceuticals business of Belgium's Solvay Pharmaceuticals for $7 billion, plus another $440 million in future payments linked to product milestones from 2011 to 2013. (The Deal Pipeline subscribers can read the full story here.)
- Time Warner Inc. (NYSE:TWX) will eventually divest its Time Inc. magazine unit, Gordon Crawford, managing director of Capital Group, its largest shareholder, said during a presentation last week. The company could also purchase assets in its core entertainment category as well. Time Inc. is the largest U.S. magazine publisher.
- Dow Chemical Co. (NYSE:DOW) received regulatory approval to sell Morton Salt to Germany's K+S Aktiengesellschaft for $1.68 billion as it moves to raise money to repay debt incurred by its controversial purchase of Rohm and Haas.
- George White, Maria Woehr and Gerald Magpily
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