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[Commentary] ©2001 Phil Hyde, The Timesizing Wire, Box 622, Cambridge MA 02140 USA (617) 623-8080 - Homepage


Mergers&Acquisitions - July-Sept, 2001

9/29/2001  4 takeovers, totaling $548m + $$undisclosed, reported in NY Times (NYT) & Boston Globe (BG) -
  1. At Home Corp. dba Excite@Home files for bankruptcy; Will sell its broadband unit to AT&T for $307m, by Matt Richtel, NYT, C1.
  2. Genesis Microchip to buy rival, Sage Inc., for $241m, Bloomberg via NYT, C4.
  3. MDU Resources Group Inc. has acquired Bell Communications and Bell Electrical Contractors for $??, NYT, C4.
  4. Venator Group Inc. completed the sale of its Northern Group casual clothing division to York Management Services for $??, NYT, C4.
9/28/2001  2 takeovers, totaling $$undisclosed, reported in NY Times (NYT) & Boston Globe (BG) -
  1. Andersen acquires a business of PriceWaterhouse, Price Waterhouse Management Consultants, for $??, by Jonathan Glater, NYT, C4.
  2. Fiserv sold its Human Resources Information Services unit to Gores Technology Group for $??, NYT, C4.
9/27/2001  3 takeovers, totaling $3.605B + $undisclosed, reported in NY Times (NYT) & Boston Globe (BG) -
  1. Reliant Resources to buy Orion Power Holdings for $2.9B, by Andrew Sorkin, NYT, C7.
  2. SunTrust Banks to buy Huntington Bancshares' Florida business including 106 branches for $705m, Reuters via NYT, C7.
  3. FleetBoston Financial to buy Rulison & Co.'s Muniflow system including seven employees for $??, Bloomberg via BG, C9.
9/26/2001  1 takeover, worth $undisclosed, reported in NY Times (NYT) & Boston Globe (BG) - 9/25/2001  6 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $1.73065B + $undisclosed -
  1. Etc...California-based VeriSign Inc. to buy Illuminet Holdings for $1.2B, Globe staff and wire services, BG, D3.
  2. G.E. to acquire Imatron, maker of medical scanners, for $200m, AP via NYT, C2.
  3. Atmos Energy agrees to buy Mississippi Valley Gas for $150m, Bloomberg via NYT, C2.
  4. Sanmina Corp. to buy assets of bankrupt E-M Solutions for $110.65m, NYT, C2.
  5. Corcoran Group will be sold for $70m to NRT joint venture of Cendant and Apollo Mgmt, pointer digest (to A20), NYT, C1.
  6. Oakley Inc. to buy Iacon for $??, pointer digest (to A20), NYT, C2.
9/24/2001  1 weekend takeover reported in NY Times (NYT) & Boston Globe (BG), value $2.5B - 9/22/2001  2 takeovers reported in NY Times (NYT) & Boston Globe (BG), value $643m + $undisclosed -
  1. Britain: Cadbury Schweppes to buy Pernod Ricard, owner of Orangina, for $643m, Bloomberg via NYT, C2.
  2. Asahi Bank and Daiwa Bank, and possibly Kinki Osaka Bank and Nara Bank, to merge to form Osaka-based 'Daiwa Bank Holdings' for $??, cutting jobs, Bloomberg via NYT, C3.
9/21/2001  2 takeovers reported in NY Times (NYT) & Boston Globe (BG), value $3.5B + $undisclosed -
  1. Duke Energy of NC in $3.5B deal for Westcoast Energy of BC, by Matt Richtel, NYT, C4.
  2. South Korea: Daewoo Motors deal expected today - GM & Fiat to get 2/3 of firm including 2 best plants for $??, by Don Kirk, NYT, W1.
9/20/2001  2 takeovers reported in NY Times (NYT) & Boston Globe (BG), value $11m + $undisclosed -
  1. Cayman Systems sold to Netopia for $11m, Bloomberg via BG, C10.
  2. PictureTel approved by Justice and FTC for acquisition by Polycom for $??, Bloomberg via BG, C10.
9/19/2001  3 takeovers reported in NY Times (NYT) & Boston Globe (BG), value $220.7m -
  1. Beacon Capital Partners wraps $134m deal for Trillium office complex in Los Angeles, Bloomberg via BG, F8.
  2. Acquisition of MCMS made by Manufacturers' Services for $43.5m, Bloomberg via BG, F8.
  3. Eprise acquired by Divine for $43.2m, by D.C. Denison, BG, F8.
9/15/2001  1 takeover reported in (NY Times - nope, the Times seems to be merger-paralyzed the last week, &) Boston Globe (BG), value $133m - 9/14/2001  1 takeover reported in NY Times (NYT) & Boston Globe (BG), value $?? - 9/12/2001  4 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $11.086B + $$undisclosed -
  1. GE Capital will take over 81% of a Xerox equipment-financing business for 10+1= $11B, Bloomberg via NYT, C2.
  2. Pacific Cycles wins auction for Schwinn/GT with $86m bid, AP via NYT, C2.
  3. Ask Jeeves Inc. acquired Teoma Technologies for $??, NYT, C2.
  4. France: An acquisition of Balazs Analytical Laboratory by Air Liquide for $??, Bloomberg via NYT, C5.
9/11/2001  9 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $2.2596B + $$undisclosed -
  1. Dominion Resources to buy Louis Dreyfus Natural Gas for $1.8B, AP via NYT, C4.
  2. Associated Banc-Corp to buy Signal Financiala for $176m, Bloomberg via NYT, C4.
  3. BankAtlantic Bancorp to buy Community Savings Bancshares for $170m, Bloomberg via NYT, C4.
  4. JDA Software Group buys rival software maker E3 Corp. for $58.6m, Bloomberg via NYT, C6.
  5. 2 investor groups, Wellspring Capital Management and Knightsbridge Holdings, to buy American Coin Merchandising for $55m, Bloomberg via NYT, C4.
  6. American Skiing Co. to sell its Sugarbush resort in Warren, Vt. to Summit Ventures for $??, NYT, C4.
  7. Teamstaff Inc. sold its El Paso outsourcing unit to American Staff Resources for $??, NYT, C4.
  8. Omnicom Group acquires Davie Brown Entertainment for $??, by Allison Fass, NYT, C8.
  9. Etc. - Kronos Inc. of Chelmsford MA acquired labor management business of Time & People Australia Pty for $??, wire services via BG, C8.
9/08/2001  2 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $132m + $undisclosed -
  1. Veeco Instruments Inc. will acquire Applied Epi for $132m, NYT, B4.
  2. Genomic Solutions to...buy Cartesian Technologies for $??, by Bloomberg via NYT, B4.
9/07/2001  3 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $263.8m -
  1. UNB, northeast Ohio bank, to purchase BancFirst Ohio for $193.4m, Bloomberg via NYT, C4.
  2. Irish education concern Riverdeep Group to buy The Learning Company for $40m, AP via NYT, C4.
  3. Petroleum Helicopters Inc. said its majority owner Carroll Suggs would sell her 52% stake to Al Gonsoulin of Houston for $30.4m, NYT, C4.
9/06/2001  7 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $23.39675B + $undisclosed -
  1. American International Group will cut 1,500 jobs after closing its $23B purchase of American General last week, Reuters via NYT, C4.
  2. Fisher Scientific will buy Cole-Parmer for $205m, Bloomberg via NYT, C4.
  3. General Cable to sell building wire unit for $112m to Southwire, AP via NYT, C5.
  4. Precise Software Solutions buys Va. company W. Quinn Assocs. for $35m, Bloomberg via BG, C9.
  5. McData acquires SANavigator unit of Western Digital for $29.75m, by Barney Feder, NYT, C4.
  6. Judge backs $15m Telerate sale to MoneyLine Network by Bridge Information Systems, Bloomberg via NYT, C5.
  7. McGraw-Hill Cos. said its Platts unit bought rival Financial Times Energy from Pearson in London for $??, NYT, C4.
9/05/2001  12 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $29.1415B + $$undisclosed -
  1. Wall St. finds fault with $25B computer merger - Hewlett-Packard to buy Compaq, by Norris & Sorkin, NYT, front page. [Consultant Carole Moussali laughed, "Compaq and HP went down and Dell went up."]
  2. Royal Ahold to acquire Alliant Foodservice for 2.2+0.75= $2.95B, AP via NYT, C4.
  3. Lucent completes sale of manufacturing operations in Oklahoma City and Columbus to Celestica for $570m, AP via NYT, C5.
  4. Royal Ahold to acquire Bruno's Supermarket for $500m, AP via NYT, C4.
  5. Swedish investors, Nordic Capital Svenska, to buy some European businesses from Terminix for $100m, Bloomberg via NYT, C4.
  6. Stonepath Group Inc. will buy Air Plus for 17.5+17= $34.5m, NYT, C4.
  7. Etc. - Anaren Microwave bought Amitron for $9m, wire services via BG, F9.
  8. Germany: $5m cable TV acquisition by Liberty Media of Deutsche Telekom's remaining broadcast cable holdings, by Petra Kappl, NYT, W1.
  9. Etc. - KLA-Tencor to acquire QC Optics for $3m, wire services via BG, F9.
  10. Credit Suisse Group to buy Frye-Louis Capital Management for $??, NYT, C4.
  11. California company Knowledge Networks acquires NJ researcher Statistical Research for $??, by Claudia Deutsch, NYT, C2.
  12. Parker Hannifin in $?? deal for Eaton's Aeroquip unit, Bloomberg via NYT, C5.
9/04/2001  3 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $6.51B -
  1. 2 big mergers are reached as oil industry consolidates - E.g., Devon Energy of USA to buy Anderson Exploration of Canada for $3.4B, by Banerjee & Sorkin, NYT, C1.
  2. 2 big mergers...- E.g., Global Marine and Santa Fe International to merge into Global-SantaFe in $3B stock swap, by Banerjee & Sorkin, NYT, C1.
  3. Mexico seizes 27 deeply indebted sugar mills for $110m, by Tim Weiner, NYT, A3.
9/03/2001  1 weekend takeover reported in NY Times (NYT) & Boston Globe (BG), worth $64.5m - 9/01/2001  5 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $6.8645B + $undisclosed -
  1. Bayer said to have pact to buy CropScience from Aventis for about 5+1.7= $6.7B, by Suzanne Kaper, NYT, B3.
  2. Maytag to sell commercial cooking unit to Middlebuy for $95m, Bloomberg via NYT, B4.
  3. Southtrust to buy Bank of Tidewater in Virginia for $67.8m, Bloomberg via NYT, B4.
  4. Lithia Motors Inc. in Ore. bought Lanny Berg Chevrolet in Idaho for $1.7m, NYT, B4.
  5. CitiCapital, leasing concern, to sell Canadian car leasing business to a GE Capital unit for $??, Reuters via NYT, B4.
8/31/2001  4 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $391.5m + $$undisclosed -
  1. British company, Kelda Group nee Yorkshire Water, is buying four U.S. water suppliers in the Northeast from American Water Works for 118+115= $233m, Reuters via NYT, C3.
  2. Burnham Pacific Properties to sell 18 retail properties to Pacific Retail for $158.5m, Reuters via NYT, C3.
  3. Perio bought Barbasol shaving cream line from Pfizer for $??, NYT, C3.
  4. Wella of Germany to buy Graham Webb International of Calif. for $??, NYT, C3.
8/30/2001  7 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $4.3809B + $undisclosed (not counting "Corel divests itself of Linux software unit [to Xandros for $??]," Reuters via 8/30/2001 Metro, 08) -
  1. Westvaco and Mead to merge in a $3B deal, AP via NYT, C4.
  2. AirGate PCS to buy IPCS for $802.8m, by Andrew Zipern, NYT, C4.
  3. Affiliated Managers Group to get 51% of Friess Associates for $247m, Bloomberg via NYT, C4.
  4. E*Trade Group reaches agreement to buy Dempsey & Co. for $173.5m, Reuters via NYT, C4.
  5. South Korea: Railroad acquisition - Hyundai Mobis is buying Daewoo Heavy Industry's 39.18% stake in Korea Rolling Stock for $118m to gain a 78.6% total stake, by Don Kirk, NYT, W1.
  6. Regent Communications makes a deal with ComCorp of Lafayette to buy 7 La. radio stations for $39.6m, Bloomberg via NYT, C4.
  7. Conn. firm, Windsong, to buy Hathaway shirt of Waterville ME assets and operations for $??, AP via BG, C7.
8/29/2001  4 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $1.8B + $$undisclosed - 8/28/2001  5 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $8.0847B -
  1. Sing Tel [Singapore Telecommunications] is a step away from Australia - Regulatory blessings for $7.5B Cable & Wireless Optus, by Wayne Arnold via NYT, W1. [...seen as a triumph over political objections to Singapore's increasing business role in Australia.]
  2. Latin wireless giant America Movil of Mexico buys $400m stake in ATL-Algar Telecom Leste of Brazil from Williams Communications Group to bring its total up to 72%, by Jennifer Rich, NYT, C4.
  3. Eye surgery companies to combine in $106m deal - TLC Laser Eye Centers to acquire Laser Vision Centers, Reuters via NYT, C4.
  4. Steelcase buying PolyVision for $73m, AP via NYT, C4.
  5. Topps Co. acquired thePit.com for $5.7m, NYT, C4.
8/25/2001  3 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $250m + $$undisclosed -
  1. Britain: Power plants purchased by Centrica for $250m from TXU of Dallas, by Alan Cowell, NYT, B3.
  2. Star Gas Partners bought Southern Union's ProvEnergy Oil unit for $??, NYT, B4.
  3. Travelocity.com bought British-based Air Tickets Direct for $??, Bloomberg via NYT, B3.
8/24/2001  6 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $323.1m + $$undisclosed -
  1. Aquila and Arclight Energy Partners Fund I buy natural gas storage company Western Hub Properties for $220m, Reuters via NYT, C4.
  2. Level 3 buys back trans-Atlantic fiber optic network from Viatel for 9+94+.1= $103.1m, Bloomberg via NYT, C4. [Real efficient.]
  3. Johnson Controls of Milwaukee will acquire Hoppecke Automotive of Berlin for $??, NYT, C4.
  4. NEC of Tokyo will sell its laser printer subsidiary now renamed Niigata Fuji Xerox Mfg, to Fuji Xerox for $??, NYT, C4.
  5. BB&T Corp. of Winston-Salem will acquire Lofton & Co. of Savannah for $??, NYT, C4.
  6. CanWest Global Communications is buying rest (50%) of National Post for $??, AP via NYT, C6.
8/23/2001  5 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $672m + $$undisclosed -
  1. Roadway Express to buy jointly owned New Penn Motor Express and Arnold Transportation for $475m, AP via NYT, C4.
  2. Pharmacopeia in $197m stock deal for Eos Biotechnology, Bloomberg via NYT, C4.
  3. Ingersoll-Rand acquires Kryptonite, a maker of locks, for $??, Bloomberg via NYT, C4.
  4. Butler, Shine & Stern in Sausalito acquires PeñaBrand in San Francisco for $??, by Stuart Elliott, NYT, C8.
  5. Miscellany - Millward Brown in Warwick England acquired Delfo in Milan for $??, by Stuart Elliott, NYT, C8.
8/22/2001  1 takeover reported in NY Times (NYT) & Boston Globe (BG), worth $undisclosed - 8/21/2001  5 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $136m + $$undisclosed -
  1. Software consultant Keane set to buy Va. rival Metro Information Services for $136m, by Ross Kerber, BG, D1. [NYT catches it tomorrow, "Keane acquiring smaller rival," by Laurie Flynn, 8/22 NYT, C4.]
  2. Jefferies Group to acquire Lawrence Helfant for $??, Bloomberg via NYT, C4.
  3. Terminix will acquire Sears Termite & Pest Control for $??, Reuters via NYT, C4.
  4. TBWA Worldwide acquires two agencies, Weiss Stagliano Partners for $?? and...
  5. ...and O'Malley & Hogan in Dublin for $??, and merges them into "Brand Architecture International", by Stuart Elliott, NYT, C8.
8/20/2001  2 weekend takeover reports in NY Times (NYT) & Boston Globe (BG), totaling $11m + $undisclosed -
  1. Bidding war for Calif.-based Globalnet Financial.com ends in $11m deal by AISoftware of Italy, NYT, C6.
  2. Winning Strategies in NJ buys specialty shop Warren Kremer Paino in NYC for $??, by Bernard Stamler, NYT, C6.
8/18/2001  4 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $315m + $undisclosed -
  1. Gorton's of Gloucester MA and Canada's Blue Water seafood to be acquired from Unilever for $175m by Nippon Suisan Kaisha, Globe wire services, BG, C1.
  2. TransSwitch agrees to purchase the remaining 84% of Onex Communications for $75m, Reuters via NYT, B4.
  3. Britain: Advertising business Loot sold by Scoot.com for $65m to Daily Mail & General Trust, by Alan Cowell, NYT, B3.
  4. Bernie & Phyl's Furniture branches out of Mass., buys Merrimack Wayside Furniture in N.H. for $??, by Chris Reidy, BG, C1.
8/17/2001  6 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $145.1m + $$undisclosed -
  1. Right Start Inc., not Watertown Mgmt as reported on 7/12, is buying remaining assets of Zany Brainy for 14.4+85= $99.4m, Reuters via NYT, C3.
  2. First Fed Financial, the holding company for First Federal Bank of Calif., will acquire 2 Calif.-based banks from City Holding bank of WV for $23m, NYT, C3.
  3. Johnson Electric Holdings will acquire electric seat business from Arvin-Meritor's light vehicle systems unit for $11.7m, NYT, C3.
  4. Palm handheld computers buying assets of Be operating systems for $11m, by Laurie Flynn, NYT, C4.
  5. Federal-Mogul sold its industrial rotating plant & magnetic bearing business to a unit of Dover Corp. for $??, NYT, C3.
  6. Westvaco buys Poly-Matrix for $??, Bloomberg via BG, C4.
8/16/2001  10 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $625.8m + $$undisclosed -
  1. Vermont Yankee nuclear reactor is purchased by Entergy for $180m, by Matthew Wald, NYT, C4.
  2. Cornell Cos., a prison operator, sells to ?? for $173m & leases back 11 of its prison properties, Bloomberg via NYT, C4.
  3. Capital Automotive to acquire 9 automotive retail properties for $102.4m from CarMax Group, Reuters via NYT, C4.
  4. J.D. Edwards & Co. to buy YOUcentric for $86m, Reuters via NYT, C4.
  5. 2 companies in partnership, Random House and Classic Media, pay $84.4m + debt assumption for bankrupt Golden Books Family Entertainment, by David Kirkpatrick, NYT, C5.
  6. TD Waterhouse Group to buy R.J. Thompson Holdings for $??, Reuters via NYT, C4.
  7. William M. Mercer will acquire SCA Consulting for $??, by Jonathan Glater, NYT, C4.
  8. Delphi Automotive Systems Corp. sold a cable & wiring plant in Ft. Defiance, Ariz., to Ducomun for $??, NYT, C4.
  9. Egghead files for Chapter 11 after downsizing and agreeing to sell its assets to Fry's Electronics for $??, Bloomberg via NYT, C4.
  10. Brand Union buys MJM Creative Services for $??, by Courtney Kane, NYT, C5.
8/15/2001  7 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $3.5247B + $$undisclosed -
  1. Devon Energy [buys] $3B for Mitchell Energy & Development, AP via NYT, C4.
  2. Best Buy will purchase Canadian electronics retailer Future Shop for $377m, AP via NYT, C4.
  3. Mott's plans to buy the ReaLemon and ReaLime brands from Eagle Family Foods for $128m, AP via NYT, C4.
  4. Etc. - South WIndsor, Conn.-based Gerber Scientific Inc. sold 3 Conn. facilities to W.P. Carey & Co. for $19.7m, Globe wire services via BG, C9.
  5. Lucent plans to lay off 900 workers at German plant & transfer 140 at its Augsburg fiber optic plant to Furukawa Electric of Japan which will buy the business for $??, Bloomberg via NYT, C4.
  6. Major Automotive Cos. sold its phone calling-card unit to Global Communications for $??, NYT, C4.
  7. Textron Inc. will sell its unit that makes do-it-yourself fasteners for pictures etc. to Fastenal Co. for $??, NYT, C4.
8/14/2001  10 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $1.329B + $undisclosed -
  1. Cendant buying Cheap Tickets Inc. for $425m, by Saul Hansell, NYT, C4.
  2. Trinity Industries agrees to acquire Thrall Car Mfg for min. $364.1m, Bloomberg via NYT, C4.
  3. John Wiley & Sons to acquire publisher of 'Dummies' series, Hungry Minds Inc., for 90+92.5= $182.5m, AP via NYT, C4.
  4. BE Aerospace agrees to buy M&M Aerospace Hardware for min. $177m, Bloomberg via NYT, C4.
  5. Robbins & Myers says it plans to acquire Romaco NV for (113+118)/2= $115.5m, Reuters via NYT, C4.
  6. Magnum Hunter Resources Inc. to buy oil & gas reserves in N.M. including 141 wells from Mallon Resources for $32.2m, NYT, C4.
  7. Uniroyal Technology Corp. to sell its specialty adhesives unit for $25m to ??, NYT, C4.
  8. Sonus Networks sees charge after $4.5m acquisition Linguateq, by Peter Howe, BG, D9.
  9. Sale under way for 2 Manhattan nightclubs known for trouble - Limelight club was sold for $3.2m to Flatiron Entertainment, by Katherine Finkelstein, NYT, C15.
  10. Alpha Hospitality Corp., for $??, to buy Watertone Holdings' stake in casino & racetrack businesses of Catskill Development, thereby gaining 57% of casino division and 50% of racing business, NYT, C4.
8/11/2001  4 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $544.7m -
  1. Performance Food Group to purchase Fresh Express for $290m, Bloomberg via NYT, B4.
  2. Homestore.com adding real estate service firm, iPlace, for $150m, Reuters via NYT, B4.
  3. Northland Investment Corp. bought Pavilions apartment complex in Manchester, Conn. for $81.5m, NYT, B4.
  4. Buy.com to be bought by its founder Scott Blum's company SB Acquisition for $23.2m, NYT, B4.
8/10/2001  6 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $697m + $$undisclosed -
  1. Senior Housing Properties Trust to buy 31 senior living communities from Crestline Capital for $600m, Bloomberg via BG, C3.
  2. O'Reilly Automotive to buy Mid-State Automotive Distributors unit in U.S. for $46.2m from Mid-States PLC in London, Bloomberg via NYT, C3.
  3. Kids Holdings and its Ameris Acquisition Unit to buy Children's Comprehensive Services for $43.3m, Bloomberg via NYT, C3.
  4. Cosette Communications Group of Quebec buys Post & Partners in NYC for at least $7.5m
  5. Aurora Foods Inc. bou9ght distribution & operations center in St. Elmo, Ill., from Kraft Foods for $??, NYT, C3.
  6. Consol Energy will buy out the stakes of Conoco in coal bed-methane gas field in Virginia & related pipeline for $??, NYT, C3.
8/09/2001  5 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $1.56B + $$undisclosed - 8/8/2001  10 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $2.0228B + $$undisclosed -
  1. Auto equipment maker, Collins & Aikman, buys Textron's auto trim business for $1.3B, Reuters via NYT, C4.
    [Followup: "Collins & Aikman cuts price for Textron deal [from $1.34B to $1.28B citing 'changed economic circumstances']," Bloomberg via 12/04/2001 NYT, C4.]
  2. Medical products maker Baxter International to acquire oncology subsidiary of Germany's Degussa for $470m, AP via NYT, C4.
  3. Genzyme to buy Novazyme Pharmaceuticals company for $137.5m to help it develop drugs, Bloomberg via NYT, C4.
  4. Etc... Bowne & Co. received US Bankruptcy Court approval to acquire Lernout & Hauspie Speech Products' translation unit for $44.5m, Wire services via BG, D7.
  5. Thomson to buy NewsEdge for $43m to improve online services, Bloomberg via NYT, C4.
  6. Casella Waste Systems sells Timber Energy Resources unit to NRG Telogia Power for $18m, Dow Jones via BG, D7.
  7. Salton buying Westclox, Big Ben and Spartus brands from bankrupt General Time for $9.8m, Bloomberg via NYT, C4.
  8. Discount Auto Parts agrees to be acquired by Advance Auto Parts for $??, Bloomberg via NYT, C4.
  9. eBay buys home-sales site HomesDirect for $??, by Catherine Greenman, NYT, C4.
  10. Bcom3 Group agencies merge for $??...- Giant Step in Chicago and Novo in San Francisco, by Bernard Stamler, NYT, C6.
8/07/2001  4 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $2.633B -
  1. Big Belgian brewer, Interbrew, agrees to buy Brauerei Beck, maker of Beck's, for $1.58B, Bloomberg via NYT, W1.
  2. General Dynamics to buy Motorola's Integrated Information Systems Group unit, for $825m, Reuters via NYT, C4.
  3. Dutch publisher VNU is selling educational unit, including LG Malmberg in Netherlands and Uitgeverij Van In in Belgium, to 3i Group of Britain and the unit's management for $172m, Bloomberg via NYT, C4.
  4. Harris Interactive is buying a research business, Total Research , for $56m, Reuters via NYT, C4.
8/06/2001  1 weekend takeover report in NY Times (NYT) & Boston Globe (BG), totaling $88m - 8/04/2001  2 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $15.2B -
  1. Wachovia bank says shareholder vote went its way for its $13B takeover with First Union, by Riva Atlas, NYT, B1. [Note also "Fed approves Wachovia merger with First Union [at $14.6m]," AP via 8/14/2001 NYT, C4.]
  2. Tyco International is buying Sensormatic Electronics for $2.2B, AP via NYT, B4.
    [Tyco, aka chief hive of the Borg, vacuums on.]
8/03/2001  9 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $373.8m + $$undisclosed -
  1. Teradyne to buy GenRad for $263m, by Peter Howe, BG, C1.
  2. Eaton Vance to buy 70% of Atlanta Capital Management for $75m, NYT, C3.
  3. Salem Communications to buy KJUN-FM of Portland OR for $35.8m, NYT, C3.
  4. Heinz acquires maker of Mexican convenience foods for $??, Bloomberg via NYT, C3.
  5. India: Murdoch buys portal - News Corp. takes control of Indya.com for $??, by Saritha Rai, NYT, W1.
  6. Interpublic Group of Companies buys DeVries Public Relations agency for $??, by Allison Fass, NYT, C4.
  7. Philippines: Exodus of brokers - Merrill Lynch will sell its brokerage firm to local managers for $??, Bloomberg via NYT, W1.
  8. NetZero cutting staff, free services, sold its RocketCash subsidiary to ?? for $??, AP via BG, C2.
  9. Eastern Bank bought majority of Fantini & Gorga for $??, Globe staff & wire services, BG, C4.
8/02/2001  4 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $1.144B + $$undisclosed -
  1. Royal Bank of Canada is buying Tucker Anthony Sutro for $625m, Bloomberg via NYT, C4.
  2. Chip makers to merge - Vishay Intertechnology to acquire General Semiconductor for $519m, by Chris Gaither, NYT, C5.
  3. BP prevails in struggle for company in Russia, Sidanko, for $??, by Gaither & Norris, NYT, C4.
  4. BP prevails...vs. Tyumen Oil which will however buy out Interros for $??, by Gaither & Norris, NYT, C4.
8/01/2001  12 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $1.3465B + $$undisclosed (not counting "Steel company buys a mill, gets a Kazakh town [- Ispat International unit of billionaire Lakshmi Mittal's London-based LNM Group bought Temirtau plant in 1995 for $250m]," by Douglas Frantz, NYT, A4, probably receiving its first NYT/BG publicity now considering Russian chaos) -
  1. Berkshire Hathaway to acquire Xtra Corp. for $590m, Bloomberg via NYT, C4.
  2. Ameritrade Holding will buy National Discount Brokers for $154m from Deutsche Bank, Reuters via NYT, C4.
  3. Hollinger International sheds more Canada newspapers - Sold 28 smaller Ontario newspapers to group that includes Ont. Teachers' Pension Plan Board and a Michael Sifton-controlled company for $144m (Sifton is pres. of Hollinger Canadian Newspapers), Reuters via NYT, C7.
  4. Cingular to enter Utah markets by buying 15 mHz of spectrum in Salt Lake & Provo for $140m, Bloomberg via NYT, C8.
  5. Security products makers to merge - RSA Security will acquire Securant Technologies for $136.5m, by Laurie Flynn, NYT, C8.
  6. Money manager Welch & Forbes sells 60% stake to Affiliated Managers Group for (80-120, say:) $100m, by Beth Healy, BG, C5.
  7. Buckeye Partners L.P. bought Ft. Madison-Toledo pipeline and storage & shipment operations from TransMontaigne for $62m, NYT, C4.
  8. Revlon Inc. to sell factory in Masteag, Wales to CW Cosmetics for $20m, NYT, C4.
  9. Two public TV stations to merge - WNET Ch. 13 and WLIW Ch. 21 for $??, pointer digest (to A17), NYT, C1.
  10. Struggling consultants join forces for $?? - IXL Enterprises and Scient will operate under latter's name, Bloomberg via NYT, C8.
  11. Miscellany - Grey Global Group sold majority stake of Paris office of Grey Interactive to Inferentia of Milan for $??, by Bernard Stamler, NYT, C8.
  12. Miscellany - Tracy Locke Partnership in Dallas acquired U30 Group in Knoxville for $??, by Bernard Stamler, NYT, C8.
7/31/2001  9 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $8.304300001B + $$undisclosed -
  1. GE Capital to buy finance company, Heller Financial, for $5.3B, pointer blowout (to C4), NYT, C1.
  2. Lincoln National prepares to shop after selling its reinsurance business to Swiss Re for $2.5B, pointer blowout (to C9), NYT, C1.
  3. Motorola to buy RiverDelta Networks for $300m, by Peter Howe, BG, D1 .
  4. Fuel equipment company buying Danish manufacturer - Roper Industries to buy Struers Holdings for $139m, Bloomberg via NYT, C4.
  5. Borden Foods sells most of its pasta business to New World Pasta for $43.1m, Bloomberg via NYT, C4.
  6. Microcide Pharmaceuticals to buy Althexis for $22.2m, NYT, C4.
  7. Switzerland: $1(!) sale by Swissair of its money-losing AOM-Air Liberte to pilot Jean-Charles Corbet, by Elizabeth Olson, NYT, W1.
  8. Canada: $?? grain merger - United Grain Growers will combine with Agricore cooperative, by Bernard Simon, NYT, W1.
  9. Amadeus of Madrid acquired e-Travel of Mass. from Oracle for $??, NYT, C4. ["Mass." added from "Etc.," Globe staff & wire services, BG, D4.]
7/30/2001  7 weekend takeover reports in NY Times (NYT) & Boston Globe (BG), totaling $19.6m + $$undisclosed -
  1. Agencies are acquiring others here and abroad - E.g., Cordiant Communications Group bought Presentation Communications International, both in London, for $19.6m, by Bernard Stamler, NYT, C11.
  2. Agencies are acquiring others here and abroad - E.g., Enterprise IG bought 75% of Identity Business in Dublin with options to buy rest for $??, by Bernard Stamler, NYT, C11.
  3. Agencies are acquiring others here and abroad - E.g., Interep Interactive in Los Angeles to buy Winstar Interactive Media from Winstar Communications for $??, by Bernard Stamler, NYT, C11.
  4. Feeding frenzy - Big magazine publishers get bigger, as the smaller ones get gobbled up, E.g., Time Inc. bought Business 2.0 in early June for $??, by Alex Kuczynski, NYT, C1.
  5. Feeding frenzy - Big magazine publishers get bigger..., E.g., Advance Publications bought The Golf Digest Cos. for $??, by Alex Kuczynski, NYT, C1.
  6. Feeding frenzy - Big magazine publishers get bigger..., E.g., Gruner & Jahr bought Inc. for $??, by Alex Kuczynski, NYT, C1.
  7. Feeding frenzy - Big magazine publishers get bigger..., E.g., Gruner & Jahr bought Fast Company for $??, by Alex Kuczynski, NYT, C1.
7/28/2001  3 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $256m -
  1. Marriott International Inc. sold its Waikiki Beach Marriott Resort for $130m to group led by CNL Hospitality, NYT, B3.
  2. Cisco Systems to buy rest of Allegro Systems, 60%, for $109m, Bloomberg via NYT, B3.
  3. Watley Group, online brokerage firm, plans $17m purchase of On-Site Trading, Bloomberg via NYT, B3.
7/27/2001  6 more takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $762.7m + $?? -
  1. G.E. unit agrees to buy $240m in Wabtec assets including locomotive-repair parts and contracts, and locomotive service-contract businesses in Barstow, Calif., and Mexico, Bloomberg via NYT, C4.
  2. Profit Recovery Group International agrees to buy Howard Schultz & Assocs. International for 158.7+37= $195.7m, Bloomberg via NYT, C4.
  3. Tate & Lyle agrees to sell its North American sugar operations, including Domino brand, for $180m, AP via NYT, C4.
  4. Performance Food Group is buying Springfield Foodservice for 42+28+15= $85m, Bloomberg via NYT, C4.
  5. Eaton Vance to acquire 80% of Fox Asset Management for $62m, Reuters via NYT, C4.
  6. Sonic Automotive is buying 5 Honda, Toyota, Ford and Volvo dealerships in 2 states, Calif. and Tex., for $??, Bloomberg via NYT, C4.
7/26/2001  6 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $3.214B + $undisclosed -
  1. AOL Time Warner agrees to buy IPC Media for $1.6B, by Suzanne Kapner, NYT, C4.
  2. Johnson Controls to buy vehicle electronics unit of Sagem of France for $435m, Bloomberg via NYT, C4.
  3. Nokia to buy Amber Networks for $421m, Bloomberg via NYT, C4.
  4. Ntelos will buy Conestoga Enterprises for $408m, Bloomberg via NYT, C4.
  5. Hewlett-Packard buys StorageApps for $350m, by Chris Gaither, NYT, C4.
  6. United Technologies Corp. of Hartford will buy South American elevator business of rival Kone Corp. of Helsinki for $??, NYT, C4.
7/25/2001  4 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $$undisclosed -
  1. GE Capital buys Safeco's equipment financing & leasing unit for $??, Bloomberg via NYT, C4.
  2. Dow Chemical Co. will buy foam-insulation business from Celotex for $??, NYT, C4.
  3. ViaCell to acquire Cerebrotec for $??, create neuroscience division, by Jeffrey Krasner, BG, F2.
  4. MassMutual Financial Group makes its third Asian acquisition for $??, Aetna Heiwa Life Insurance of Tokyo, by Scott Nelson, BG, F9.
7/24/2001  7 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $6.3581B + $$undisclosed -
  1. Spanish utility to buy an Italian generator - Endesa to buy Elettrogen for $3.2B, Bloomberg via NYT, C15.
  2. Sara Lee's $2.8B acquisition of Earthgrains Co. is approved, Bloomberg via NYT, C4.
  3. American Electric Power buying Memco Barge Line unit of Progress Energy, including 1,200 barges and 30 towboats, for $270m, Bloomberg via NYT, C4.
  4. GE Capital to acquire AcceptFinans, the Danish credit card unit of Gjensidige Nor Sparebank of Norway, for $66.5m, Bloomberg via NYT, C4.
  5. ScreamingMedia to aquire Stockpoint for $21.6m, Bloomberg via NYT, C7.
  6. Medallion Financial Corp., NYC, bought Taxi Media Network, Tokyo, for $??, NYT, C4.
  7. Etc. - PRI Automation Inc. acquired WaferState Controls for $??, Globe wire services, BG, D8.
7/21/2001  5 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $5.392B + $$undisclosed -
  1. Disney seen near (3.3+2=) $5.3B deal for Fox Family Worldwide, by Andrew Sorkin, NYT, B3.
    [We're not doing our usual "wait for it" on this one because the Boston Globe, which goes to press later than the NYT, makes this deal sound more certain: "Etc. - Walt Disney Co. has reached an agreement to buy Fox...sources told the LA Times. The deal is expected to be unveiled as early as next week," Globe wire services, BG, C1 - not that it's very "veiled" now.]
  2. Cirrus Logic, microchip maker, set to buy ShareWave for $92m, Reuters via NYT, B3.
  3. Pentair Inc. to sell its Lincoln Industrial unit to Jordan Co. for $??, NYT, B3.
  4. Etc. - Apogent Technologies Inc. bought Innovative Diagnostics for $??, Globe wire services, BG, C1.
  5. Etc. - Apogent Technologies Inc. bought Mosaic Technologies' microarray business for $??, Globe wire services, BG, C1.
7/20/2001  11 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $1.3398B + $$undisclosed -
  1. Affiliated Computer Services is buying a Lockheed Martin unit, IMS Corp., for $825m, AP via NYT, C4.
  2. Liberty Mutual Insurance of Boston to acquire 3 Royal & Sun Alliance Insurance Group of London's Spanish businesses for $134m - Royal & Sun Alliance SA, Royal & Sun Alliance Vida y Pensiones and Regal Insurance Club, Bloomberg via NYT, C4.
  3. American Financial Holdings is buying American Bank of Connecticut for $153m, Dow Jones via NYT, C4.
  4. Health Care Property Investors is buying 18 medical office and research buildings from Boyer Co. for $126m, Bloomberg via NYT, C4.
  5. Agency companies make acquisitions - Omnicom Group in NYC is acquiring Grizzard Communications Group in Atlanta from Marketing Services Group in NYC for $91.3m, by Stuart Elliott, NYT, C5.
  6. Agency companies make acquisitions - Cordiant Communications Group in London acquired 92.6% of International Business Information in Tokyo for at least $10.5m + performance-based amount, by Stuart Elliott, NYT, C5.
  7. Goodrich of Charlotte NC to buy 95% of Hella Aerospace of Germany from Hella KG Hueck & Co. for $??, NYT, C4.
  8. Alcoa of Pittsburgh bought ISAC of Amityville NY for $??, NYT, C4.
  9. New Zealand: Reports of phone sale - British Telecommunications sold NZ unit, Clear Communications, to consortium of investors and Berkshire Partners of Boston for $??, Dow Jones via NYT, W1.
  10. Agency companies make acquisitions - Euro RSCG Worldwide in NYC is acquiring majority stake in Premier Maldonado & Assocs. in San Juan PR for $??, by Stuart Elliott, NYT, C5.
  11. Agency companies make acquisitions - Horizon Media absorbed media planning and buying business of Catalyst Media for $??, by Stuart Elliott, NYT, C5.
7/19/2001  2 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $116.4m -
  1. Legg Mason is buying a New York mutual fund company, Royce & Assocs., for at least $115m, Reuters via NYT, C4.
  2. Etc. - Datawatch Corp. of Lowell MA to sell its Guildsoft distributrion unit in the UK for $1.4M to unidentified buyer, Wire services via BG, E7.
7/18/2001  5 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $313.7m + $$undisclosed -
  1. Sovereign Bancorp agrees to buy Main Street Bancorp for $170m, Bloomberg via NYT, C4.
  2. G.E. Medical Systems of Wisc. will buy 65.4% stake in Kretztechnik of Austria for $83.7m, NYT, C4.
  3. Huffy to acquire assets of ailing rival Schwinn/GT for more than $60m, AP via NYT, C4.
  4. One agency closes; two others merge - Wallwork & Curry in Boston is acquired by Cronin & Co. in Conn. for $??, by Stuart Elliott, NYT, C4.
  5. Winn Mgmt absorbs Lend Lease Real Estate Investments apt-mgmt unit for $??, Bloomberg via BG, D11.
7/17/2001  14 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $16.119B + $$undisclosed -
  1. 2 energy giants shuffle stakes in Europe's markets - BP took over oil & gas business of E.ON of Germany in $5.6B swap, by Edmund Andrews, NYT, W1.
  2. Sanmina to buy SCI Systems for $4.5B, AP via NYT, C11.
  3. Mellon Bank's retail division seen sold to Citizens Financial Group in $2.1B deal, by Scott Nelson, BG, D1.
  4. USA Networks to buy 75% of Expedia for [(1.3+1.4)/2=] $1.4B, by Saul Hansell, NYT, C1.
  5. PerkinElmer in $650m deal for a maker of lab instruments, Packard BioScience, Reuters via NYT, C6.
  6. Troubled Comdisco sells tech services unit to Hewlett-Packard for $610m, by Laurie Flynn, NYT, C6.
  7. Dynegy acquires a natural gas storage unit in Britain for $590m, Reuters via NYT, C6.
  8. Berkshire Partners to acquire a clothing maker, William Carter Cos., for $450m, Bloomberg via NYT, C6.
  9. Nursing home owner to sell some operations in Florida - Beverly Enterprises to sell 49 nursing sites and four assisted living centers in Florida for $165m to Vantage Medical and Formation Capital, Bloomberg via NYT, C6.
  10. Corel to acquire Micrografx for $32m, NYT, C6.
  11. Britain: Body Shop buys partner Bellamy Retail Group for $11.6m, by Alan Cowell, NYT, W1.
  12. Gen-X Sports Inc. of Toronto will buy First Team Sports of Minn. for $10.4m, NYT, C6.
  13. Federal-Mogul Corp. of Mich. to sell industrial bearings plant in Ohio to Miba AG of Austria for $??, NYT, C6.
  14. 2 Minneapolis ad agencies say they will combine for $?? - Gabriel Diericks Razidio and Kaleidoscope, by Stuart Elliott, NYT, C8.
7/16/2001  4 weekend takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $undisclosed -
  1. Masius is enlarging its New York shop by merging Clarion in Greenwich, Conn. into Masius, NY for $??, by Bernard Stamler, NYT, C9.
  2. Focusing on Bozell, Interpublic retools - Boston & Pittsburgh offices of Bozell Kamstra are being merged into Mullen, by Bernard Stamler, NYT, C9.
  3. Focusing on Bozell, Interpublic retools - Chicago office of Bozell will be merged into Campbell Mithun for $??, by Bernard Stamler, NYT, C9.
  4. Miscellany - Havas Advertising of France acquired Noonan/Russo Communications of NY for $??, by Bernard Stamler, NYT, C9.
7/13/2001  8 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $2.96B + $undisclosed -
  1. Hardware acquisition - Wesfarmers of Australia will acquire rival Howard Smith Ltd. for $1.35B, by Becky Gaylord, NYT, W1.
  2. Health care purchase - Mayne Nickless will buy F.H. Faulding & Co. for $1.27B, by Becky Gaylord, NYT, W1.
  3. Florida Rock Industries in $105m deal for the Southeastern operations of U.S. Aggregates, Bloomberg via NYT, C3.
  4. Atlas Air Worldwide Holdings is buying Polar Air Cargo company from a G.E. Capital Aviation Services affiliate for $84m, Bloomberg via NYT, C3.
  5. Cascades Inc. of Quebec agrees to buy 2 tissue mills in Wisc. and Pa. from Plainwell Inc. for $64.2m, Bloomberg via NYT, C3.
  6. Kinder Morgan Inc.'s Kinder Morgan Energy Partners bought 4 storage terminals from Royal Vopak for $44m, NYT, C3.
  7. Affiliated Computer Services is buying National Processing unit for $43m, Bloomberg via NYT, C3.
  8. N.Y. company, Nu Horizons Electronics, sells Springfield MA unit, Nu Visions, to its management and to an equity firm, Golden Gate Capital, for $??, Bloomberg via BG, C6.
7/12/2001  2 takeovers reported in NY Times (NYT) & Boston Globe (BG), totaling $115m + $undisclosed -
  1. Calif. investment firm, Waterton Management, agrees to buy Zany Brainy for $115m, AP via BG, C2.
  2. Miscellany - G. S. Schwartz & Co. is acquiring & absorbing Geek Factory for $??, by Bernard Stamler, NYT, C4.
7/11/2001  7 takeovers reported in NY Times (NYT) or Boston Globe (BG), totaling $4.796B + $$undisclosed -
  1. Amerada Hess in $2.6B deal for Triton Energy, pointer digest (to C2), NYT, C1.
  2. France: Pet food purchase - Mars Inc. will acquire Royal Canin for $1.3B, by John Tagliabue, NYT, W1.
  3. Charming Shoppes plans to acquire Lane Bryant stores for $335m, Reuters via NYT, C4.
  4. Belgium[???]: Insurance purchase - Dutch financial services firm Fortis to a buy dental-benefits division from Protective Life of Ala. for $300m, by Suzanne Kapner, NYT, W1.
  5. OppenheimerFunds will buy a headge fund consultant, Tremont Advisers, for $133m, Bloomberg via NYT, C4.
  6. BB&T Corp., a leading southeastern bank, to buy Community First Banking Co. for $128m, NYT, C4.
  7. Turkey: Banks seized - government banking regulatory board is seizing control of 7 private banks for insolvency & failing to comply with new regulations, AP via NYT, W1.
7/10/2001  12 takeovers reported in NY Times (NYT) or Boston Globe (BG), totaling $1.6652B + $$undisclosed -
  1. Gambling companies merge in $1.36B deal - International Game Technology is acquiring Anchor Gaming, Bloomberg via NYT, C4.
  2. Reliance Steel & Aluminum acquired part of steel distributor Pitt-Des Moines for $97.5m, NYT, C4.
  3. Dental supply distributor, Patterson Dental, buys veterinary supplier J.A. Webster for $92.5m, AP via NYT, C4.
  4. Trade school operator, Education Management, making $78m acquisition of Argosy Education Group, Reuters via NYT, C4.
  5. Autodesk is planning to reacquire its spinoff, Buzzsaw.com, by paying $15m for the 60% it doesn't own, by Chris Gaither, NYT, C11.
  6. Alloy Online to buy CASS Communications for $9.7m, by Allison Fass, NYT, C11.
  7. Miranda Technologies of Quebec bought General DataComm Industries' Canadian unit, General DataComm Ltd., for $8.5m in cash plus 20% of multimedia revenue for two years, NYT, C4.
  8. Xbox Technologies to buy YouPowered for $4m, by John Files, NYT, C11.
  9. First Data buys an online check payment service, Achex, for $??, Reuters via NYT, C4.
  10. Educational Video Conferencing acquired ICTS for $??, NYT, C4.
  11. Etc... Colt Telecom Group PLC bought a unit of Adero Inc. for $??, Globe staff & wire services, BG, D5.
  12. Etc... AremisSoft Corp. of NJ to acquire Daylight Software of NH for $??, Globe staff & wire services, BG, D5.
7/09/2001  1 weekend takeover reported in NY Times (NYT) or Boston Globe (BG), totaling $17.5m - 7/7/2001  4 takeovers reported in NY Times (NYT) or Boston Globe (BG), totaling $$undisclosed -
  1. Bewis Co. to buy Duralam for $??, NYT, B3.
  2. Etc. - Vertex Pharmaceuticals Inc. cleared by FTC to acquire Aurora Biosciences Corp. for $??, Globe wire services via BG, C1.
  3. Italy: Television networks merge - Vivendi Universal and News Corp. to merge their pay-TV units for $??, Bloomberg via NYT, B2.
  4. The Netherlands: Gucci expands again - Gucci Group to buy 91% of rival Balenciaga for $??, Bloomberg via NYT, B2.
7/06/2001  7 takeovers reported in NY Times (NYT) or Boston Globe (BG), totaling $1.169B + $$undisclosed -
  1. Entergy agrees to sell British power plant at Saltend to Calpine for $800m, AP via NYT, C4.
  2. Britain: Bookseller W.H. Smith Group sells its distribution unit for £215m ($300m) to ABN Amro Private Equity, Bloomberg via NYT, W1.
  3. MAF Bancorp agrees to buy closely held Chicago bank, Mid Town Bancorp, for $69m, Bloomberg via NYT, C4.
  4. Energy provider New Power Co. is planning two acquisitions - E.g., AES Corp.'s retail marketing unit, AES Direct, for $??, Reuters via NYT, C4.
  5. Energy provider New Power Co. is planning two acquisitions - E.g., MDTE Energy's CoEnergy unit for $??, Reuters via NYT, C4.
  6. Monsanto's Canadian division purchased Limagrain Canada Seeds of Sask. for $??, NYT, C4.
  7. Mennonite merger - Mennonite Church based in Indiana and General Conference Mennonite Church based in Kansas to merge into Mennonite Church USA for $??, AP via NYT, A14.
7/05/2001  1 July Fourth takeover reported in NY Times (NYT) or Boston Globe (BG), totaling $1.1B - 7/04/2001  6 takeovers reported in NY Times (NYT) or Boston Globe (BG), totaling $1.704B + $$undisclosed -
  1. Croatia: Deutsche Telekom expands, buys additional 16% of Croatia's Hrvatske Telekomunikacije for $424m to add to its 35% for $850m in 1999 - 51% total for $1.274B, by Peter Green, NYT, W1.
  2. Britain: Kingfisher selling Superdrug to Kruidvat Beheer for $397m, Bloomberg via NYT, W1.
  3. Lernout & Hauspie sells its Mendez unit to Lionbridge Technologies for 27+6= $33m, by Jennifer Lee, NYT, C4.
  4. U.P.S. agrees to buy 75% of Uni-Data of Germany for $??, Bloomberg via NYT, C4.
  5. Krispy Kreme Doughnuts bought 2 factory stores and the rights to the Charleston SC market from a franchisee for $??, NYT, C4.
  6. Cardinal Health bought SP Pharmaceuticals for $??, NYT, C4.
7/03/2001  9 takeovers reported in NY Times (NYT) or Boston Globe (BG), totaling $5.7597B + $$undisclosed -
  1. Sara Lee pays $2.8B for Earthgrains, AP via BG, D2.
  2. Ireland: Utility agrees to sale - Eircom to be sold to Valentia for 2.9B Euros ($2.5B), by Brian Lavery, NYT, W1.
  3. I.B.M.'s pension fund sold Boston's One Federal Street office tower for $375m, NYT, C4.
  4. L'Oreal buying Revlon's Colorama line in Brazil for $55m, Bloomberg via NYT, C8.
  5. Playboy to acquire 3 sex TV channels, Hot Network, Hot Zone and Califa Entertainment Group, and a network, Vivid TV, for $28.3m, Bloomberg via NYT, C4.
  6. Etc. - Harvard Bioscience Inc.'s UK subsidiary acquired International Market Supply for $1.4m, Globe wire services, BG, D3.
  7. Goodrich Corp. to sell its electronic materials division to Sumitomo Bakelite of Tokyo for $??, NYT, C4.
  8. 3 law firms merge, target stock fraud - Berman DeValerio & Pease of Boston, Berman DeValerio Pease & Tabacco of San Francisco, and Burt & Pucillo of West Palm Beach, for $??, by Diane Lewis, BG, D2.
  9. N.Y. firm, Mosaica Education, buys Student Advantage for $??, AP via NYT, D3.
7/02/2001  2 weekend takeovers reported in NY Times (NYT) or Boston Globe (BG), totaling $578m -
  1. Primedia is seen announcing $515m Emap USA magazine deal today, by Alex Kuczynski, NYT, C7. [USA added from "Feeding frenzy," by Alex Kuczynski, 7/30/2001 NYT, C1.]
  2. Guinness World Records to be sold by Diageo for $63m in cash to Gulane Entertainment, AP via BG, C5.
For earlier Mergers&Acquisitions, click on the desired date -
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