Benzinga's M&A Chatter for Monday April 4, 2016

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday April 4, 2016: Alaska Air Group to Acquire Virgin America for $57.00/Share in Cash The Deal:
Alaska Air Group, Inc. ALK and Virgin America, Inc. VA confirmed Monday, that their boards approved the acquisition of Virgin America by Alaska Air Group for $57.00 per share in cash. Alaska Air reportedly bid $1 billion more than Jet Blue JBLU. The deal is expected to close no later than January 1, 2017. Virgin America closed at $55.11 on Monday, up 41.7%. Repligen Acquires Atoll for $22.5M The Deal:
Repligen Corporation RGEN announced Monday, that it has acquired Germany's Atoll GmBH for $22.5 million in cash and stock. The purchase price includes $9.1 million in cash and 538,700 shares of Repligen common stock. Repligen closed at $26.89 on Monday, down $0.03. Brocade to Acquire Ruckus Wireless for $1.5B The Deal:
Brocade BRCD and Ruckus Wireless RKUS announced Monday, that Brocade has agreed to acquire Ruckus Wireless for $1.5 billion in cash and stock. Ruckus shareholders will receive $6.45 in cash and 0.75 shares of Brocade common stock for each share of Ruckus common stock, or $14.43 per share. Ruckus Wireless closed at $13.24 on Monday, up 32.40%.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsM&AMovers
Benzinga simplifies 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!