Notable Mergers and Acquisitions of the Day 4/27: HTV, IDTI, TMO - Street Insider

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Notable Mergers and Acquisitions of the Day 4/27: HTV, IDTI, TMO
Apr 27, 2009 02:06 PM UTC

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Via StreetInsider.com News Articles:

Hearst Corporation announced today that it has increased the price per share that it will offer to pay for all of the outstanding shares of Series A Common Stock of Hearst-Argyle Television, Inc. (NYSE: HTV) not already owned by Hearst from $4.00 to $4.50 in cash per share. The increased offer price represents a 12.5% increase over the original proposed offer price of $4.00 per share, a premium of approximately 115% over the closing price of the shares on March 24, 2009, the last full trading day prior to the first public announcement of Hearst's proposed offer, and a

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