Notable Mergers and Acquisitions of the Day 9/12: LEH/BAC, HTRN/...
- According to reports from the Wall Street Journal, Lehman Brothers (NYSE: LEH) is actively shopping itself to potential suitors, including Bank of America (NYSE: BAC).
- HealthTronics, Inc.
(NASDAQ: HTRN) sent a letter to the Endocare, Inc. (NASDAQ: ENDO) Board of Directors to withdraw its proposal to acquire all of the outstanding shares of Endocare's common stock for $2.28 per share.
In August, Endocare rejected the $2.28 per share offer, saying the offer is "inadequate and not in the best interests...
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