chafic.net

Time has compiled a list of the top business deals of 2007:

1. News Corp. Buys Dow Jones for $5 Billion
2. Blackstone Buys Equity Office Properties Trust for $39 Billion
3. Google Buys DoubleClick for $3.1 Billion 
4. RBS Consortium Wins Battle for ABN Amro for $101 Billion
5. Rio Tinto Buys Alcan for $38.1 Billion 
6. Tata Steel Buys Corus for $11.3 Billion 
7. Nokia Buys Navteq for $8.1 Billion 
8. Citadel Buys 18% of E*Trade for $2.5 Billion 
9. Blackstone Buys Hilton Hotels for $26 Billion
10. KKR Wangles Biggest LBO Ever of TXU for $45 Billion

The best deal on there probably has to be Google’s acquisition of DoubleClick for $3.1bn. 

The worst, by far is Citadel buying 18% of E*Trade for $2.5bn.  At the current share price of $4.04 that puts E*Trade’s market capitalization at $1.71bn, which means 18% is only worth $307.8 million as of right now.  I’m surprised this even made it to this list.