Market Overview

Benzinga's Weekend M&A Chatter

Share:
Benzinga's Weekend M&A Chatter

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday January 2 through Sunday January 4, 2014

Perfect World Reports Chairman's Preliminary Non-Binding 'Go-Private' Offer of $20/ADS

The Offer:
Perfect World Co., Ltd. (NASDAQ: PWRD) announced Friday, that its board of directors has received a preliminary non-binding proposal from its founder and chairman, Mr. Michael Yufeng Chi, to acquire all of the outstanding shares of Perfect World he does not currently own, in a going private transaction for $20.00 per ADS ($4.00 per ordinary share) in cash.

Perfect World's Board has formed a special committee of independent directors to consider the proposal.

Perfect World shares closed Friday at $19.25, up 22%.

Kindred Acquires Centerre Healthcare for $195M

The Deal:
Kindred Healthcare, Inc. (NYSE: KND) announced Friday, that it has completed the previously announced acquisition of Centerre Healthcare Corporation for approximately $195 million in cash.

Kindred Healthcare shares closed Friday at $17.77, down more than 2%.

Cantel Medical Acquires Pure Water Solutions for $11.9M in Cash

The Deal:
Cantel Medical Corp. (NYSE: CMN) announced Friday, that it acquired the assets of Pure Water Solutions, Inc. for $11.9 million in cash consideration.

Cantel Medical shares closed Friday at $42.73, a loss of more than 1%.

Posted-In: News Management M&A Movers

 

Related Articles (CMN + KND)

View Comments and Join the Discussion!