Merger Arbitrage Mondays – December 12, 2011

Merger activity remained steady last week with two new deals announced and three closing.

In addition to the two new acquisitions, on December 07, 2011, J. C. Penney Company (JCP) and Martha Stewart Living Omnimedia (MSO) announced that they have entered into a strategic alliance where J.C. Penney will invest $38.5 Million in Martha Stewart at $3.50 per share for 16.6% stake.

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

Deal Statistics:

New Deals:

1. The acquisition of DemandTec (DMAN) by International Business Machines (IBM) for $440 million or $13.20 per share in cash.
2. The acquisition of Blue Coat Systems (BCSI) by private equity investment firm Thoma Bravo, LLC for $1.3 billion or $25.81 per share in cash.

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