Case Type: Mergers & Acquisitions

We are investigating DNB Financial Corporation (DNBF) related to the sale of the Company to S&T Bancorp, Inc. Under the terms of the agreement, DNB shareholders will have the right to receive 1.22 shares of S&T Bancorp common stock for each share of DNB they own.

We are investigating Sears Hometown and Outlet Stores, Inc. (SHOS) regarding its acquisition by Transform Holdco LLC. Under the terms of the agreement, each share of Sears common stock will be converted into the right to receive $2.25 in cash.

We are investigating El Paso Electric Company (EE) regarding its sale to Infrastructure Investments Fund, an investment vehicle advised by J.P. Morgan Investment Management Inc. Under the terms of the agreement, each share of El Paso common stock will be converted into the right to receive $68.25 in cash.

We are investigating Cypress Semiconductor Corporation (CY) related to the sale of the Company to Infineon Technologies AG. Under the terms of the proposed agreement, each share of Cypress common stock will be converted into the right to receive $23.85 in cash.

We are investigating Total System Services, Inc. (TSS) related to the sale of the company to Global Payments, Inc. Under the terms of the proposed transaction, Total System shareholders will receive 0.8101 shares of Global Payments shares for each share of Total System common stock they own.

We are investigating Ascent Capital Group, Inc. (ASCMA) related to the sale of the company to Monitronics International, Inc. Under the terms of the proposed agreement, Ascent shareholders will receive approximately 5.82% of the total shares of Monitronics common stock.

We are investigating Entegra Financial Corp. (ENFC) related to the sale of the company to First-Citizens Bank & Trust Company. Under the terms of the proposed agreement, each share of Entegra common stock will be converted into the right to receive $30.18 in cash.

We are investigating Avon Products, Inc. (AVP) related to the sale of the company to Natura & Co. Under the terms of the proposed agreement, Avon shareholders will receive .300 shares of Natura common stock for each share of Avon common stock they own.

We are investigating International Speedway Corporation (ISCA) related to the sale of the company to NASCAR Holdings, Inc. Under the proposed transaction, Speedway shareholders will receive $45.00 in cash for each share of Speedway common stock they own.

We are investigating Isramco, Inc. (ISRL) related to the sale of the company to Naphtha Israel Petroleum Corporation Ltd., Naphtha Holding Ltd., Israel Oil Company, Ltd., and Naphtha US Oil, Inc. (together “Naphtha Group”). Under the proposed agreement, Isramco shareholders will receive $121.40 per share for each share of Isramco common stock they own.