Notable Mergers and Acquisitions of the Day 7/28 (IBM/ILOG, SRE/...

Courtesy StreetInsider.com News Articles  Mon, 07/28/2008 - 08:56

StreetInsider.com Notable Mergers and Acquisitions of the Day:

  • IBM (NYSE: IBM) announced an agreement to acquire ILOG (Nasdaq: ILOG).

    IBM will combine its business process management, business optimization, and service oriented architecture technologies with ILOG's Business Rules Management Systems software.

    The cash tender offer will be at a price of EUR 10 per ordinary share and the U.S. dollar equivalent per American Depositary Share based on the Euro/U.S. dollar exchange rate as of the settlement of the tender offers, amounting...

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