Notable Mergers and Acquisitions of the Day 5/16 (GE, ELRN/GIVN, FNSR/OPTM) - Street Insider

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Notable Mergers and Acquisitions of the Day 5/16 (GE, ELRN/GIVN, FNSR/OPTM)
May 16, 2008 01:59 PM UTC

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Via StreetInsider.com News Articles:

StreetInsider.com Notable Mergers and Acquisitions of the Day:

GE (NYSE: GE) confirmed that it was reviewing strategic options for its Appliances business. The Company is currently considering three possibilities for the unit: a strategic partnership or joint venture; spin off; or the sale of the business.

GE Chairman and CEO Jeff Immelt said, "This review is consistent with the strategy we have been executing to transform our portfolio for long-term growth."
Elron Electronic Industries Ltd. (NASDAQ: ELRN), announced today that it is commencing today a tender offer to purchase 1,462,640 ordinary shares of Given Imaging Ltd. (NASDAQ: GIVN) for $16.54 per share. If

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