Wall Street's M&A Chatter From November 17

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday November 17, 2016.

Vista Equity Partners Wins Approval for $36/Share Merger With Cvent

The Deal:

Vista Equity Partners has gained approval to close the $36 per share merger of its Lanyon Solutions with Cvent Inc CVT, according to a report from the New York Post on Thursday. DoJ investigators had asked Vista Equity for more time review the deal, but the private equity firm refused, a source said.

Vista announced their agreement to acquire Cvent on April 18.

Cvent closed at $35.72 on Thursday, up 16.62 percent.

Tesoro to Acquire Western Refining for $37.30/Share in Stock Transaction

The Deal:

Tesoro Corporation TSO and Western Refining, Inc. WNR announced Thursday a definitive agreement under which Tesoro will acquire Western for $37.30 per Western share in a stock deal, for an equity value of $4.1 billion. The transaction has been unanimously approved by the boards of directors of both companies, and is expected to close in H1 of 2017.

Western Refining closed at $37.30 on Thursday, up 22.3 percent.

WellCare Acquires Universal American for $10/Share in Cash

The Deal:

WellCare Health Plans, Inc. WCG and Universal American Corporation UAM announced Thursday they have entered into a definitive agreement under which WellCare will acquire Universal American in an all cash transaction valued at $10.00 per share. The transaction is expected to close in Q2 of 2017.

Universal American closed Thursday at $9.90, up 11.36 percent.