Morning Market Movers

LeCroy Corp LCRY shares advanced 54.92% to $14.16 at 9:45 am. Teledyne Technologies Inc TDY announced its plans to acquire LeCroy for $240.5 million in cash. BancTrust Financial Group Inc BTFG surged 52.63% to $2.90. Trustmark Corp TRMK announced its plans to buy BTFG for around $55.4 million in a stock deal. Interline Brands Inc IBI climbed 40.16% to $25.15. IBI agreed to be acquired by affiliates of GS Capital Partners LP and P2 Capital Partners for $25.50 per share in cash. China Techfaith Wireless Communication Technology Limited CNTF surged 29.70% to $1.31. CNTF shares have tumbled 81.96% over the past 52 weeks, while the S&P 500 index has dropped 1% in the same period.