Notable Mergers and Acquisitions of the Day 10/06: EMR/AVCT, SYKE/ICTG, NTRI/WMT, AMMD/CPTS - Street Insider

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Notable Mergers and Acquisitions of the Day 10/06: EMR/AVCT, SYKE/ICTG, NTRI/WMT, AMMD/CPTS
Oct 06, 2009 02:45 PM UTC

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Via StreetInsider.com News Articles:

Emerson (NYSE: EMR) agreed to acquire Avocent Corporation (NASDAQ: AVCT) in an all-cash tender offer of $25 per share, or approximately $1.2 billion.

Avocent closed at $20.52 yesterday.

The purchase is expected to close around January 1, 2010, pending customary regulatory approvals and acceptance of the offer by Avocent stockholders holding a majority of Avocent shares.
Sykes Enterprises Incorporated (Nasdaq: SYKE) and ICT Group (Nasdaq: ICTG) have entered into an agreement where Sykes will acquire ICTG. Sykes will pay $15.38 per share of ICTG common, fully diluted, for a total of $263 million. The conversion will be one share of

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