Deals of the day- Mergers and acquisitions
(Adds Merck, AAR Corp, Entergy, Santander, Spirit Aerosystems)
Dec 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:
** Merck & Co Inc said on Tuesday it will proceed with its planned $8.4 billion purchase of Cubist Pharmaceuticals Inc and still expects the deal to boost its long-term earnings, despite a court ruling that could speed the arrival of generic forms of Cubist's top-selling product.
** U.S. aviation support company AAR Corp has put German cargo handling firm Telair up for sale, in a deal that could value Telair at up to 800 million euros ($988 million), three sources familiar with the matter said on Tuesday.
** Entergy Corp said it would buy a natural gas-fired power generation station in Arkansas for about $948 million as it looks to meet increased demand and continues to modernize its fleet of utilities.