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Tuesday Merger Roundup: JEC, JCOM, FIBK, MNK, CADX
Tuesday, February 11, 4:08 PM ET

Jacobs Engineering Group (NYSE:JEC) has acquired Eagleton Engineering headquartered in Houston, Texas. The acquisition enhances Jacobs' capabilities in midstream and upstream pipeline engineering, design and field surveying services.

j2 Global (NASDAQ:JCOM) has acquired the Internet fax business of two Australian service providers, Sydney-based OzeFax and Brisbane-based Faxmate. Terms of the acquisitions were not disclosed and the financial impact to j2 is not expected to be material.

First Interstate BancSystem (NASDAQ:FIBK), parent company of First Interstate Bank, and Mountain West Financial Corp. (MTWF), parent company of Mountain West Bank, National Association announced today that First Interstate has signed a definitive agreement to acquire the Helena-based Mountain West. With assets of $647 million, as of September 30, 2013, Mountain West Bank currently operates 12 branches throughout central and western Montana in Helena, Great Falls, Missoula, Kalispell, Whitefish, and Bozeman.

Mallinckrodt (NYSE:MNK) and Cadence Pharmaceuticals (CADX) announced that a subsidiary of Mallinckrodt will commence a tender offer to acquire all outstanding shares of Cadence Pharmaceuticals for $14.00 per share in cash or approximately $1.3 billion on a fully diluted basis, which represents a 32% premium to the trailing 30-trading-day volume weighted average price of $10.62 per share for Cadence Pharmaceuticals.

For MarketNewsVideo.com, I'm Sayoko Murase.

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Tuesday Merger Roundup: JEC, JCOM, FIBK, MNK, CADX | Market News Video | Copyright © 2008 - 2017, All Rights Reserved

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