Loading...
Loading...
The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday February 4, 2013:
Dell Buyout Talks ContinueThe Rumor:
Buyout talks on Dell
DELL continued over the weekend, according to
WSJ. The price being mentioned is $13 to $14 per share, according to sources. Microsoft
MSFT is reportedly investing $2B billion in the deal, while Silver Lake's stake is said to be $1 billion.
All of the parties involved in the negotiations have repeatedly declined comment officially.
Dell closed at $13.27 Monday, a loss of 2.5% on higher than average volume.
:
Loading...
Loading...
Acme Packet
APKT announced Monday that it has entered into an agreement to be acquired by Oracle
ORCL for $29.25 per share in cash representing a fully diluted equity value of $2.1 billion. Net of cash this represents an enterprise value of $1.7 billion.
Acme Packet closed at $29.59 Monday, a gain of 23% on 19 times average volume.
Jabil to Acquire Nypro for $665MThe Deal:
Jabil Circuit
JBL announced an agreement to acquire Nypro Inc., a provider of manufactured precision plastic products for customers in the Healthcare, Packaging and Consumer Electronics industries, with over $1 billion in total annual revenues.
Completion of the transaction is expected to take place during Jabil's fiscal third quarter. The total purchase price is expected to be $665 million.
Jabil Circuit closed at $19.24 Monday, a loss of $0.12 on average volume.
Loading...
Loading...
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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!
Already a member?Sign in