4 Merger and Acquisitions Stock Stories Making Friday Headlines

Rockwell Collins, Inc. (NYSE:COL): Current price $70.96

Rockwell said Friday that it will divest its subsidiary, Kaiser Optical Systems, Inc. to Endress+Hauser. Financials of the transaction were not reported, but the sale should be completed in early fiscal 2014 and is subject to the usual closing conditions. Kaiser Optical works in spectrographic instrumentation and applied holographic tech.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

COL 20130830

America Movil SAB (NYSE:AMX): Current price $19.35

America Movil announced that it is prepared to abandon a 7.2-billion euro offer for the Dutch telephone firm Royal KPN NV after the its foundation employed an option to buy shares to avert what it described as a hostile takeover. On Thursday, KPN’s foundation said that it exercised the option to buy preferred shares, giving it close to 50 percent of issued and voting stock, which is nearly sufficient to block America Movil’s 2.40 euro-per-share offer for majority control. America Movil, which is Latin America’s number-one phone company, holds around 30 percent of KPN.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

AMX 20130830

Gastar Exploration Ltd. (NYSE: GST): Current price $3.16

Gastar reported Friday that it will allow Cubic Energy an additional extension until September 20 on the closing of the previously announced divestiture of Gastar’s East Texas properties. Separately, Cubic Energy announced its financing plans for funding the purchase of Gastar’s working interest in the East Texas properties. As compensation for the extension, Cubic Energy will pay Gastar an additional $1.0 million at the close, bringing the aggregate transaction value to $47 million prior to closing adjustments.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

GST 20130830

Brookfield Office Properties Inc. (NYSE:BPO): Current price $16.02

On Friday, Brookfield announced that DTLA Fund Holding Co. and Brookfield DTLA Fund Properties Holding Inc. — both direct wholly-owned subsidiaries of the DTLA Fund — are extending their previously reported cash tender offer to buy all outstanding shares of preferred stock of MPG Office Trust, Inc. until 12:00 midnight, Eastern Time at the end of Monday, September 9.

Brookfield previously announced its intention to purchase MPG via a merger agreement, dated as of April 24, by and among Brookfield DTLA Holdings LLC, a newly formed fund controlled by BPO, Brookfield DTLA Fund Office Trust Investor Inc., Brookfield DTLA Fund Office Trust Inc., Brookfield DTLA Fund Properties LLC, MPG, and MPG Office, L.P.

At the close of the tender offer, preferred stockholders of MPG will receive $25 in cash for each share of MPG preferred stock validly tendered and not validly withdrawn in the offer, without interest and excluding any required withholding taxes.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

BPO 20130830

Don’t Miss: Here’s Why the US Airways-American Merger Isn’t All that Stalled.