• Xerox (NYSE:XRX) is buying Affiliated Computer Services (NYSE:ACS) for $6.4 billion or $63.11 per share, equaling $18.60 in cash plus 4.935 Xerox shares for each ACS share owned.
• Johnson & Johnson (NYSE:JNJ) said they have purchased 18.1% of Crucell (NASDAQ:CRXL) for $440 million, a 30% premium to Friday’s close.
• Kraft Foods (NYSE:KFT) is likely to launch a hostile bid for Cadbury (NYSE:CBY), in a deal worth $17.6 billion, as the London Observer noted.
• Toyota Motor (NYSE:TM) increased its global sales projection for 2009 by 3% to 6.7 million cars.
