M&A Cheat Sheet: Yahoo Deal Chatter, HP Woos Autonomy Shareholders

Yahoo (NASDAQ:YHOO) a takeover target? Given that Yahoo (NASDAQ:YHOO) has fired its chief executive, it could make for an attractive take over target. Interest in the firm has surfaced in Private equity firms, one of Yahoo’s founders, and even AOL (NYSE:AOL). Breakingviews columnist Rob Cox proposes a more radical view suggesting a takeover by arch rival Facebook. Shares of Yahoo are down over 0.5% today

Shares trade close to $14.15. The company trades at a P/E ratio of about 16 which is lower than its peers. The company also trades at a sales multiple of 3.2 which is higher than its industry. On the technical front shares trade above their declining 50 day and below their declining 200 day moving averages. The MACD is bullish while RSI is pointing down at about 57.

Hewlett-Packard (NYSE:HPQ) deal gets wide approval. Hewlett-Packard (NYSE:HPQ) is on course for a $11.2 billion takeover of British software company Autonomy, after over 41% of shareholders tendered in their approval. The offer has been extended till October 3 to obtain majority approval. Shares are little changed at $22.65. The company trades at a P/E ratio of about 5.3 which is lower than its peers. The company also trades at a sales multiple of 0.4 which is also lower than its industry.

Technically speaking shares trade below the declining 50 day and 200 day moving averages. The MACD is attempting a bullish cross from oversold levels, while RSI is oversold at about 27.

Pfizer (NYSE:PFE) tender offer expires Monday. Drugmaker Pfizer Inc. (NYSE:PFE) said Tuesday that it extended its tender offer for all outstanding shares of pain drug developer Icagen Inc. (NASDAQ:ICGN). The $6 per share offer is now scheduled to expire at 6 p.m. EDT Monday and won’t be extended again.

Shares trade close to $18.25. The company trades at a P/E ratio of about 17 which is higher than its peers. The company also trades at a sales multiple of 2.1 which is higher than its industry. On the technical front shares trade below their declining 50 day and below their rising 200 day moving averages. The MACD is bearish while RSI is pointing down at about 47.