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Tag: mergers

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The acquisition of Motorola Mobility (NYSE:MMI) by Google (NASDAQ:GOOG) is one of the biggest M&A deals in the tech space for 2011. At or right before the closing of the deal, the $39 calls will be worth $1.00 (as Google is buying MMI for $40 a share) giving the call buyers a nice return of $.35 for the calls they bought for $.65.

Renaissance Learning's (RLRN) mini bidding war has been a boon for risk arbitrageurs, but now it's time to take profits, as the stock is fully priced and higher bids are very unlikely.

EasyLink Services International Corporation (NASDAQ:ESIC) a global provider of comprehensive messaging services and e-commerce solutions, reported fiscal first quarter 2011 revenue of approximately $22.7 million, operating income of approximately $2.1 million, net income of approximately $967,000 and earnings per share of $.03 per share.

Corporate Universe Inc. (Pink Sheets:COUV) is a holding company formed in order to provide a greater range of services to the financial community.

Corporate Universe’s services include, through their subsidiaries, a full service transfer agency, an EDGAR filing company, a press release company, a corporate printing company as well as a consulting group.

Hi Tech Pharmacal Co. Inc. (NASDAQ:HITK) reported results for the quarter ended October 31, 2010. For the three months ended October 31, 2010, the Company reported net sales of $44.9 million, an increase of 10% from $40.9 million for the same period last year.

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