Benzinga's M&A Chatter for Monday December 2, 2013
The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday December 2, 2013:
NCR to Acquire Digital Insight Corporation for $1.65B
NCR Corporation (NYSE: NCR) announced Monday an agreement to acquire Digital Insight Corporation for $1.65 billion. Thoma Bravo is the majority shareholder in Digital Insight Corporation. The deal is expected to close in Q1 2014.
NCR closed Monday at $34.19, a loss of 2%.
Akamai to Acquire Prolexic for $370M in Cash
Akamai Technologies (NASDAQ: AKAM) and Prolexic Technologies announced Monday they have agreed that Akamai will acquire cloud-based security company Prolexic, for approximately $370 million in cash. The deal is expected to close in H1 2014.
Akamai Technologies closed Monday at $44.11, a loss of more than 1%.
Yahoo Acquires SkyPhrase
Yahoo closed Monday at $37.01, a gain of $0.03.
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