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Monday, December 15, 2014

Deals of the day- Mergers and acquisitions, (NASDAQ: GMCR), (NYSE: IRM), (NASDAQ: PETM)

The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Monday: ** Vermont-based coffee roaster Keurig Green Mountain Inc will move most of its U.S. coffee buying operation to Switzerland, following rivals who have already moved to the global hub for commodities trading.** Pet supply retailer PetSmart Inc succumbed to calls from some shareholders for a sale on Sunday by agreeing to be bought by a private equity consortium led by BC Partners Ltd for $8.7 billion, in the largest leveraged takeover of the year.** Australian data storage company Recall Holdings said it rejected a A$2.2 billion ($1.82 billion) takeover offer from U.S.-based rival Iron Mountain Inc, sending its shares to their highest level since listing.

Keurig Green Mountain, Inc., formerly Green Mountain Coffee Roasters, Inc. Shares of GMCR fell by 2.44% or $-3.41/share to $136.28. In the past year, the shares have traded as low as $72.82 and as high as $158.87. On average, 1747810 shares of GMCR exchange hands on a given day and today's volume is recorded at 1246556.

Iron Mountain Incorporated (Iron Mountain) is engaged in storing records, primarily paper documents and data backup media, and provide information management services. Shares of IRM fell by 1.91% or $-0.71/share to $36.44. In the past year, the shares have traded as low as $23.80 and as high as $39.34. On average, 2601730 shares of IRM exchange hands on a given day and today's volume is recorded at 1249637.

PetSmart, Inc. (PetSmart) is a specialty provider of pet products and services in North America. Shares of PETM fell by 0.98% or $-0.77/share to $77.67. In the past year, the shares have traded as low as $55.00 and as high as $79.68. On average, 919814 shares of PETM exchange hands on a given day and today's volume is recorded at 833714.



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