Monday's Winners & Losers: ServiceMaster

Shares of ServiceMaster(SVM Quote) were among the NYSE's winners Monday, jumping 12% after the provider of pest control and lawn care services agreed to be acquired by private equity firm Clayton Dubilier & Rice for $4.8 billion in cash.

The deal values ServiceMaster at $15.625 a share, representing a 16% premium to the company's closing price of $13.47 on Friday. The price is a 31% premium to the company's closing price on Nov. 27, the day before ServiceMaster said that it was exploring its strategic options. Including the assumption of debt, the transaction is valued at $5.5 billion.

"The board of directors, with the aid of management and our financial advisors, conducted a thorough review of strategic alternatives available to the company and concluded that this transaction is in the best interests of our stockholders," ServiceMaster said. Shares were trading up $1.67 to $15.14.

Shares of InfraSource(IFS Quote) jumped 12% after the provider of construction infrastructure services agreed to be acquired by Quanta Services(PWR Quote) for $1.26 billion in stock, or $30.13 a share. The deal represents a 17% premium to InfraSource's closing price of $25.66 on Friday. The transaction is expected to close in the third quarter. Shares of InfraSource were up $3.04 to $28.70; Quanta shares were gaining 89 cents, or 3.6%, to $25.53.

Shares of Hercules Offshore(HERO Quote) slid 9% after the oil field-services company agreed to acquire Todco(THE Quote) for $2.3 billion in cash and stock. The deal values Todco at $42.01 a share, a 28% premium to the company's Friday closing price of $32.78. The transaction is composed of 56.9 million Hercules shares and $930.7 million in cash. The deal is expected to close during mid-2007. Shares of Hercules were trading down $2.43 to $24.14, while shares of Todco jumped $5.82, or 18%, to $38.60.