Loading...
Loading...
The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday June 21, 2013:
Tsinghua Unigroup Offers to Buy Spreadtrum Communications fro $28.50/ShareThe Offer:
Tsinghua Unigroup announced Friday that it has made a non-binding offer to acquire Spreadtrum Communications
SPRD $28.50 in cash per American Depositary Share.
Tsinghua Unigroup has committed to guaranteeing the aggregate purchase price, which may be funded through a combination of equity and debt financing.
Spreadtrum's Board of Directors confirmed receipt of the offer and is reviewing and evaluating the proposal.
Spreadtrum Communications closed at $25.91 Friday, a gain of 16% on 4.5 times average volume.
JoS A Bank Confirms Company is Seeking Potential AcquisitionsThe Strategic Review:
JoS. A. Bank Clothiers
JOSB confirmed after the close Friday that it has been considering strategic opportunities to enhance shareholder value, including potential acquisitions. Financo is assisting the company in its strategic review.
JoS. A. Bank Clothiers closed at $39.63 Friday, and traded $0.61 higher after-hours.
Loading...
Loading...
:
Private equity firm GTCR is a potential bidder for MoneyGram International
MGI, according to the
NY Post.
Deal Reporter said on June 18 that MoneyGram might be for sale.
A MoneyGram spokesperson declined comment on the story.
Moneygram International closed at $21.45 Friday, a gain of 5% on almost 4 times average volume.
Loading...
Loading...
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
We simplify the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in