Mergers and aquisition the week of April 20, 2009 as compiled by AIRS.

IPO - Colleges & Universities


Bridgepoint Education, Inc.


Bridgepoint Education is an independent, private higher education company that provides an affordable alternative to high priced higher education. The company offers both online and traditional education programs.
Location: San Diego, CA
Empoyees: 2,800
Date: 4/13/2009
NYSE: BPI


IPO - Education & Training Software


Rosetta Stone Inc.


Rosetta Stone is a leading global language learning software company. Dedicated to delivering the best technology-based solutions for learning languages, the company offers a highly personalized, interactive platform known for its speed and ease of use, as well as the fact that it is available in more than 30 languages.
Location: Arlington, VA
Empoyees: 1,100
Date: 4/13/2009
NYSE: RST


M&A - Pharmaceuticals


Buyer: Sanofi-Aventis, Paris, France


Target: Medley, Sao Paulo, Brazil

Sanofi-Aventis, a leading French drug maker, will acquire Medley, Brazil's third-largest pharmaceutical company and the country's largest maker of generic medicines. The deal, scheduled to be completed in June, is valued at $662 million.
BusinessWeek, April 9, 2009



M&A - Pharmaceuticals


Buyer: Sanofi-Aventis, Paris, France


Target: BiPar Sciences, Inc., Brisbane, CA

In an unrelated deal, French drug maker Sanofi-Aventis will acquire BiPar Sciences, a privately held U.S. biopharmaceutical company developing novel tumor-selective approaches for the treatment of different types of cancers. Sanofi-Aventis may pay as much as $500 million for BiPar, depending on how the company's experimental drug BSI-201 performs in clinical trials and whether it makes it to market.
The Wall Street Journal, April 15, 2009



M&A - Prescription Benefits Management


Buyer: Express Scripts Inc., St. Louis, MO


Target: WellPoint's NextRX, Indianapolis, IN



Express Scripts, the third-largest pharmacy benefits manager, has agreed to buy the NextRx subsidiaries of health insurer WellPoint for $4.68 billion. NextRX is WellPoint's pharmacy benefits management business. The deal will put Express Scripts alongside No. 1 pharmacy company Medco Health Care Solutions in terms of prescriptions managed, and it will likely result in lower drug costs for customers.
The Associated Press, April 13, 2009



M&A - Residential Construction


Buyer: Pulte Homes, Inc., Bloomfield Hills, MI


Target: Centex Corporation, Dallas, TX


Pulte Homes will buy Centex Corporation in an all stock deal valued at $1.3 billion, plus assumption of debt. The deal, which will create the nation's largest homebuilder, allows for the two companies to cut costs, retire debt more quickly, and accelerate a return to profitability.
Jacksonville (Fla.) Business Journal, April 8, 2009