M&A number down, but value rises - Denver Business Journal:

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percent year over year, but the value of the deale jumped nearly 38 percent compared with the same quarter a year A total of 61 mergers and acquisitionsx deals closed in Colorado in thefirst quarter, down from 66 deald in the same quarter of 2005. Of the 61 price was disclosedin 31, for a totakl value of $6.84 up from $4.97 billion in the same quarter of 2005, accordinv to FactSet Mergerstat, LLC, a global provider of M&zA information based in Santa Calif. The biggest closed deal of the quarter was the saleof Englewood-based DEX) to for approximately $4.2 billion in cash and plus the assumption of Dex Media'es outstanding debt.
The sale was announced in October 2005 and closeedon Jan. 31. The second-largestt closed transaction of Q1was Englewood-basecd cable operator 's LBTYA) sale of its Norwegian cable unit, , to for about $530.r5 million. Announced on Dec. 19, the sale closed on Jan. 25. Third was Denver-based energhy company 's acquisition of for $456 million in cash. The acquisition already had closed when it was announcedfMarch 31. Some large deals were announced, but not in Q1. Most of them are expected to closein Q2. The biggesgt of these is Liberty Global's agreemenyt to sell its Frenchcable unit, , to and Altice One SAS for aboutg $1.5 billion.
The transaction, announced March 23, awaits regulatory approval, but is expected to close in the seconxd quarterof 2006. The second-biggest announced Q1 deal involved Englewood-baserd sporting goods retailerThe (NYSE: which agreed to go private in a transactiobn announced Jan. 23. Some members of Sports Authoritysenior management, along with Los Angeles-basef private equity firm , bought the company for $983.5 million in plus the assumption of debt. That deal is also expectedr to close in thesecond quarter. Next up is the sale of Denver-basedd petroleum products company (NYSE: TMG) to for about $483 millionm in cash. The deal was announcedc March 27and hasn't closed.
Fourth is 's WSTC) agreement to acquire Louisville-based RNDC) for approximately $152.6 million in The transaction, announced Feb. 6, is expectedd to close at the end of thesecond quarter.