4 Merger and Acquisitions Stock Stories for Tuesday Perusal

Verizon Communications (NYSE: VZ): Current price $49.62

Management retirees of Verizon have won class certification status by a United States District Court Judge in Dallas in litigation connected with the sell-off of 41,000 ERISA protected pensions to The Prudential Insurance Company of America (NYSE: PRU) in exchange for providing Prudential with billions in Verizon retirees’ pension assets. Attorneys Curtis L. Kennedy of Denver and Robert E. Goodman, Jr., of Dallas are representing the class of retirees in connection with the support of the 128,000 member non-profit Association of BellTel Retirees. Retirees counsel contends that the transaction replaces retirees’ pensions with non-ERISA protected insurance annuities, thus stripping participants of the protections of federal law and causing “irreparable harm.”

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VZ

The NASDAQ OMX Group (NASDAQ:NDAQ): Current price $28.65

The Group will purchase the eSpeed platform from BGC Partners for a purchase price of $750 million in cash along with certain contingent issuance of stock that approximate certain tax benefits to NASDAQ OMX. eSpeed operates a fully executable central limit order book for electronic trading in United States Treasuries, giving NASDAQ OMX a strong entry point in the electronic fixed income business. The transaction should be accretive to earnings within the first twelve months after closing.

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NDAQ

Westell Technologies (NASDAQ:WSTL): Current price $2.01

Westell has announced that the previously reported transaction to acquire Kentrox closed Monday. The acquisition agreement had been announced on March 18. Westell provides telecommunications equipment for wireline, wireless and home networks.

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WSTL

Nuance Communications (NASDAQ: NUAN): Current price $21.20

A recent 13G filing on hedge fund Carl Icahn disclosed a 9.27 percent, or 29,329,291 share, position in the company that he did not hold at the end of the quarter ending December 31, 2012.

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NUAN

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