Deals of the day -- mergers and acquisitions
April 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:
** General Electric Co is buying oilfield pump maker Lufkin Industries Inc for $2.98 billion, sharply increasing its presence in the fast-growing market to extract oil and natural gas from shale rock, the conglomerate said on Monday.
** Thomas H. Lee Partners said it was buying privately held IT outsourcing company CompuCom Systems Inc for around $1.1 billion, a person close to the matter said.
** French media group Lagardere has begun selling its 7.4 percent stake in Airbus parent EADS, a key element of the group's planned ownership restructuring.