Merger Arbitrage Mondays – February 14, 2011

Merger activity increased last week with seven new deals announced and five deals closing.

You can find all the deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours.

Deal Statistics:

New Deals:

1. The acquisition of Pride International (PDE) by Ensco (ESV) for $7.31 billion or 0.4778 newly-issued shares of Ensco plus $15.60 in cash for each share of Pride common stock in a cash plus stock deal.
2. The acquisition of Beckman Coulter (BEC) by Danaher Corp (DHR) for $6.8 billion or $83.50 per share in cash.
3. The acquisition of Rehabcare Group (RHB) by Kindred Healthhcare (KND) for $877 million or $26 in cash and 0.471 of a Kindred share for each RehabCare share in a cash plus stock deal.

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