BioFuel Energy (BIOF) Buys JBGL from Greenlight Capital

Shares of BioFuel Energy (BIOF) are surging by 36% in pre market after the company merged with JBGL, a company owned by Greenlight Capital.

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BIOFUEL ENERGY CORP. (BIOF) (the "Company") announced today that it has entered into a definitive agreement (the "Agreement") with certain affiliates of Greenlight Capital, Inc. ("Greenlight") and James R. Brickman ("Brickman") pursuant to which the Company will acquire the equity interests of JBGL Builder Finance LLC and certain subsidiaries of JBGL Capital, LP (collectively, "JBGL") from Greenlight and Brickman.  JBGL is a series of real estate entities involved in the purchase and development of land for residential purposes, construction lending and home building operations.  JBGL is currently owned and controlled by Greenlight and Brickman.

Pursuant to the terms of the Agreement, the Company will acquire JBGL for $275 million, payable in cash and Company common stock.  The cash portion of the purchase price will be funded from the proceeds of a $70 million rights offering to be conducted by the Company and approximately $150 million in debt financing provided to the Company by Greenlight.

In response to a proposal from Greenlight and Brickman on March 28, 2014, the board of directors of the Company formed a special committee of independent directors to evaluate the proposed transaction and possible alternatives for the Company.  The Company's board of directors, acting upon the unanimous recommendation of the special committee, approved the transaction, determined to exempt the transaction under the Company's Section 382 rights plan and resolved to recommend that the Company's stockholders vote to approve the transaction and related matters.  The special committee negotiated the terms of the transaction with the assistance of its legal and financial advisors.

David Einhorn, president of Greenlight Capital, Inc. and a director of the Company, said today, "though it is bittersweet that its original business plan did not pan out, I am excited about the transformation of the Company to a well positioned and successful development and homebuilding platform, which will enable it to capitalize on the value of its remaining assets."

RIMM News After Hours (AMZN)

It turns out while Research in Motion (RIMM) stock was trading in the $30's over the summer, Amazon.com (AMZN) hired an investment banking firm to look into a possible merger of the two companies. RIMM is up $1 to $13.60 now!

http://www.stockstobuy.org/forum/topics/amazon-com-amzn-takeover-of-research-in-motion-rimm

General Dynamics (GD) Buys Force Protection (FRPT)

By Tim - http://blackberrystocks.com

November 7, 2011 - General Dynamics (GD) is buying Force Protection Inc. (FRPT) stock today for a bid of $360 million. Shares of Force Protection Inc. (FRPT) are up 30% to $5.50 in pre market trading.

Force Protection to Host Conference Call Today at 11:30 AM Eastern to Discuss Agreement with General Dynamics

General Dynamics and Force Protection Agree to Terms of Acquisition

- Force Protection shareholders to receive 31% premium over recent share price.
- Transaction expected to be accretive to General Dynamics' earnings in 2012.

General Dynamics (NYSE:GD) and Force Protection, Inc. (NASDAQ:FRPT) today announced that they have entered into a definitive merger agreement under which General Dynamics will acquire Force Protection for a price of $5.52 per share of common stock, or approximately $360 million.

Force Protection will become a part of General Dynamics Land Systems, the Sterling Heights, Mich.-based designer and manufacturer of Abrams main battle tanks and Stryker infantry combat vehicles.

"Force Protection complements and strategically expands General Dynamics' armored vehicle business, adding new products to the expansive portfolio of combat vehicles that we currently manufacture and support," said Mark C. Roualet, president of General Dynamics Land Systems. "In addition, Force Protection's skilled workforce provides high-quality support and sustainment services to an installed fleet of approximately 3,000 vehicles, strengthening our ability to support assets deployed with U.S. forces around the world. With this acquisition, we will create new opportunities to serve domestic and international customers alike."

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Tenet Healthcare Corp. (THC) Buyout Offer

By Tim - http://stockstobuy.org

Tenet Healthcare Corp. (THC) has received a buyout offer from Community Health Systems, Inc. (NYSE:CYH) for $6.00 per share. Tenet Healthcare Corp. (THC) is currently trading at $6.51 in pre market, up 52%.

Tenet Healthcare Corporation (NYSE:THC - News) today confirmed that it has received a proposal from Community Health Systems, Inc. (NYSE:CYH - News) to acquire all of the outstanding shares of Tenet for $6.00 per share in cash and stock.

Tenet noted that Community Health’s proposal is identical in all material respects to a Community Health proposal received by Tenet on November 12, 2010. The Tenet Board of Directors, after consultation with its financial and legal advisors, unanimously determined that the prior Community Health proposal was not in the best interests of Tenet or its shareholders. In making its determination, the Tenet Board considered that Community Health’s opportunistic proposal would transfer the growth potential inherent in Tenet to Community Health without adequately compensating Tenet shareholders. The Tenet Board believes that the interests of Tenet shareholders would be better served by benefiting from 100% of the upside inherent in Tenet rather than accepting Community Health’s inadequate proposal. In addition, the Board has serious concerns about Community Health’s ability to integrate and operate a business like Tenet.

The Tenet Board informed Community Health of its determination,

http://www.tenethealth.com/investors/pages/default.aspx

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Radware Ltd. RDWR Stock Analysis 9/15/10 - Buyout??

By Tim - http://stockstobuy.org

The following is Radware Ltd. (RDWR) stock technical analysis for September 15, 2010

Radware Ltd. (RDWR) Support & Resistance Levels - 9/15/10

Resistance Levels: $40

Support Levels: $35, $30, $28

Chart - http://www.stockcharts.com/

Radware Ltd. (RDWR) stock has been spiking over the past two days on buyout speculation. Rumor has it HP or IBM is in talks to buy the company for $1 billion. If these rumors are true, share of Radware Ltd. would fetch a price of $45-$46 per share. RDWR fell to the low $35's in early trading today and then went on to spike up to $40. You can tell something is brewing due to the volume. If you plan to play Radware as a buyout candidate, I would start buying below $36. Keep in mind, if this stock doesn't get bought out, it could drift back below $28.

For more Technical Analysis - Go Here

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Potash Corp (POT) Stock on Fire - BHP Billiton Offer to Jump?

Shares of Potash Corp. of Saskatchewan, Inc. (POT) are up for the second straight day after the conpany received a buyout offer from BHP Billiton Ltd. (BHP) on Tuesday. At this point, investors are speculating that another company will step up for a higher bid or BHP Billiton will raise their offer. Catharine Sterritt, a guest on CNBC, thinks Potash Corp may get taken over for $160 per share.

From BHP Billiton Website:

Response to Speculation About BHP Billiton and Potash Corporation of Saskatchewan

BHP Billiton confirms that it has made an approach to Potash Corporation of Saskatchewan (PotashCorp) regarding a possible acquisition of PotashCorp at a price of US $130 per common share. To date the Board of PotashCorp has not agreed to engage in discussions.
BHP Billiton continues to review its options and will make a further announcement in due course.

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Oracle Corp ORCL Buys Phase Forward Inc PFWD

By Tim - http://stockstobuy.org

Shares of Phase Forward Inc. (PFWD) are up 28% to $16.84 this morning as Oracle Corp. (ORCL) will be purchasing the company for $685 million.

Oracle Buys Phase Forward

Expands Oracle’s Solutions for the Life Sciences and Healthcare Industries

April 16, 2010 - Oracle announced today that it has agreed to acquire Phase Forward (NASDAQ: PFWD), a leading provider of applications for life sciences companies and healthcare providers, through a cash merger for $17.00 per share, or approximately $685 million.

Phase Forward’s SaaS-based Integrated Clinical Research Suite manages clinical development and safety processes from Phase 1 clinical trials through regulatory submission and post-approval monitoring. Adding complementary assets to Oracle Health Sciences, the combination is expected to enable researchers, clinical development professionals, physicians, regulators and patients to more effectively and securely capture, contribute, access and share data. The acquisition of Phase Forward is consistent with Oracle’s strategy to provide mission-critical applications for key industries. Full Press Release - Here


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Lehman LEH Afterhours, Aftermarket 9/11/08

Lehman ( LEH ) is trading at around $4.20 in afterhours tonight....down slightly from the $4.33 close during regular stock market trading on 9/11/08.

CNBC has been reporting that Lehman Brothers ( LEH ) is being shopped around Wall Street for a potential buyer of the company. Names that have come up are, B of A Bank of America, HSBC, and even Goldman Sachs ( GS ). GS would only likely being interested if the government backed certain debt and assets of Lehman Brothers.

CNBC's Charlie Gasparino thinks there is a chance that Lehman Brothers ( LEH ) will be bought out in a matter of days. It is important to note that Lehman has not accessed the Federal Reserves Discount Window recently.