Stocks in Motion: Information Holdings, Edelbrock

Updated from 11:37 a.m. EDT

Shares of Information Holdings(IHI Quote) were among Monday's top gainers after electronic publisher Thomson(TOC Quote) agreed to purchase it for $441 million in cash.

A Thomson subsidiary will acquire all of Information Holdings' stock for about $28 a share in a transaction that will cut Thomson's earnings by 1 cent a share during 2004 and 2005. The deal comes a little more than a month after Information Holdings disclosed that it was evaluating strategic alternatives, including the possible sale or recapitalization of the company. Shares of Information Holdings traded up $1.13, or 4.3%, to $27.57.

Shares of Edelbrock(EDEL Quote) rose after its board approved a merger agreement that would take the company private. Edelbrock's chief, O. Victor Edelbrock, and his affiliates plan to buy all of the company's outstanding shares for $16.75 a share in cash. The price represents a 13.1% premium over Friday's closing price of $14.81. Shares of Edelbrock traded up $1.59, or 10.7%, to $16.40.

Apparel maker Hartmarx(HMX Quote) rose after it announced it would buy Exclusively Misook, a womenswear maker, for about $30 million. Additional payments would be required if specified earnings targets are achieved over a five-year period. Misook is expected to contribute $35 million in sales and 12 cents to 15 cents a share in earnings to Hartmarx's results during fiscal 2005. Shares of Hartmarx traded up 35 cents, or 5.6%, to $6.65.

Shares of Goodyear(GT Quote) lost air after the company said that it plans to sell $150 million in convertible notes. It also said that it expects to grant initial purchasers a 30-day option to buy another $50 million in notes. Goodyear intends to use the proceeds for general corporate purposes. Shares of Goodyear traded down 59 cents, or 6%, to $9.26.