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In a deal that is drawing immediate scrutiny from leading shareholders, Xstrata and Glencore announced this morning that they have agreed to terms to create a $90 billion natural resources giant.

In my opinion dividend investors who have seen a gain of $1 to $2 on Monday should do well to take the profit immediately and forgo the $0.36 dividend altogether. Under no circumstances should anyone buy the stock at these levels, i.e. $42-$43 for the dividend as TMP is almost guaranteed to fall back to $40 or even lower within days of the ex-dividend date.

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Barring the unlikely event that another suitor may step in and start a bidding war, investors buying at these levels will likely see ILMN drift down to as low as $50 over the next 6-7 months. Eventually if they have managed to hold on, they will have the opportunity to tender their shares at a price almost as high as the current market prices.

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On Tuesday November 8th, Piedmont Community Bank Holdings (a privately owned bank holding company) announced a tender offer for shares of Crescent Financial (NASDAQ:CRFN), a bank holding company that owns Crescent State Bank at $4.75 per share in cash. The tender offer expires December 7 2011.

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While Dirk Nowitzki was busy making Mark Cuban look like the genius he is, and while LeBron James was busy LaChoking away yet another championship opportunity, the financial world was busy buying, selling, and merging themselves into a frenzy.

Here is a roundup of some of the weekend's mergers and acquisitions, along with a few Benzinga trading ideas for how to play the merger season.

Sara Lee Shares Should Rally This Week

Posted by Navivest on January 10th, 2011

Shares of food maker, Sara Lee (SLE) should rally this week, on active takeover chatter.

5. All About the Benjamins

There's been a lot of talk -- largely related to the most recent round of Quantitative Easing -- about the government's penchant for "printing money." Those accusations, founded or not, should no longer be of concern to anyone. As it turns, out the government can't even print money correctly.

Corporate Universe Inc. (Pink Sheets:COUV) is pleased to report the following corporate and operational matters to its shareholders and followers.

Corporate Universe corporate website went live and has officially been launched. The management will continue to update and improve it over the coming weeks.

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