Merger Monday stays true to its name as a host of companies have released information on proposals, deals or rejections.
Acquisitions
- Wisconsin Energy WEC will acquire Integrys Energy TEG. Shares of WEC are down 3.1 percent while shares of TEG are up over 12 percent.
- Avago Technologies Limited AVGO will acquire PLX Technology PLXT. Shares of AVGO down less than one percent; Shares of PLXT up nine percent.
- Oracle ORCL will acquire MICROS Systems MCRS. Shares of ORCL up less than one percent; shares of MCRS up 3.3 percent
Rejections
- Shire plc. SHPG rejects offer from AbbVie ABBV. Shares of both companies are up less than one percent.
- Allergan AGN rejects offer from Valeant Pharmaceuticals VRX. Shares of both companies are relativley unchanged.
Proposals
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Harbinger Group HRG proposes acquisition of Central Garden & Pet Company CENT. Shares of HRG up less than one precent; shares of CENT up 7.2 percent.
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