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

Jacobs Engineering Group (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 (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 (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.

Tuesday Merger Roundup: JEC, JCOM, FIBK, MNK, CADX picture
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Tuesday Merger Roundup: JEC, JCOM, FIBK, MNK, CADX | Market News Video | Copyright © 2008 - 2024, All Rights Reserved

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