4 Merger and Acquisitions Stock Stories Not to Overlook

Life Technologies Corporation (NASDAQ:LIFE): Current price $61.51

Life Technologies is buying the privately-held Dutch firm BAC BV, though transaction terms were not reported. The purchase  enlarges the buyer’s capabilities and product offerings in the expanding market of biopharmaceutical research and manufacturing. BAC BV is a European leader in the discovery, development and manufacture of protein purification products.

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Allergan (NYSE:AGN): Current price $104.40

It was announced Tuesday night that Allegan will pay almost $1 billion for MAP Pharmaceuticals and obtain full control of its experimental treatment for migraine headaches. The transaction price of $25  per share in cash marks a 60 percent bonus over MAP’s close on Tuesday at $15.58. The deal is valued at $958 million in total, inplying that Allergan has considerable faith that MAP’s new migraine treatment will win FDA approval by the agency’s deadline of April 15th.

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Western Digital Corporation (NYSE:WDC) Current price $46.93

Western Digital expanded its product portfolio, addressing small- and medium-sized units from the network backup software and appliances from Arkeia Software, a privately-held data protection firm which was recently acquired. In addition, WD said that the Arkeia Network Backup version 10.0 software, for which a release candidate was delivered in December, became generally available on Tuesday.

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OfficeMax Incorporated (NYSE:OMX): Current price $11.10

Analyst Gary Balter at Credit Suisse has pointed out factors that indicate a merger between OfficeMax and Office Depot (NYSE:ODP) could be more likely than not in the near term. Some reasons include the fact that Starboard acknowledged a stake in the latter and added to it in November to 14.8 percent, recent share appreciation in OfficeMax, the exit of Office Depot’s COO Kevin Peters, and OfficeMax’s 20.4 percent interest in Boise Cascade which could hold around $4 per share of value which might be able to be put toward integration and closing costs.

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