Global Industries, Ltd. (NASDAQ:GLBL) is the biggest gainer and soared 51.17% to $7.79 on hefty volume of 51.50 million following the news that the company has been agreed to be acquired by Technip the France-based, which has agreed to pay $8 a share in cash or around $937 million.
NetLogic Microsystems, Inc. (NASDAQ:NETL) shares surged 51% to $48.18 after Broadcom Corp. said that it will buy NetLogic about $3.7 billion, represents a 57% premium to NetLogic’s closing price on Friday, with shareholders to receive $50 per share after the offer is concluded.
Lightbridge Corporation (NASDAQ:LTBR) shares climbed 33.76% to $3.17 after it announced that Chief Nuclear Fuel Development Officer Jim Malone has been asked to chair the World Nuclear Association’s (WNA) newly-formed Fuel Technology Working Group.
The McGraw-Hill Companies, Inc. (NYSE:MHP) added 1.21% to $39.19 after the company said that it is considering to split its markets and education businesses into two public companies and is accelerating its $1 billion stock repurchase plan.
M & F Worldwide Corp. (NYSE:MFW) gained 18.90% to $24.22 after privately held MacAndrews & Forbes Holdings Inc. said that it will buy the company for $482.5 million or $25 a share, a 47% premium to the closing price before MacAndrews announced its an earlier bid for the company.
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