Wall Street's M&A Chatter From November 14: iRobot, USG-Ceiling Plus, Match Group-Bumble


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The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday, November 14, 2017.

Traders Circulate Chatter of Potential Softbank Bid for iRobot

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The Rumor

SoftBank (OTC:SFTBY) is said to be considering an acquisition of iRobot Corporation (NASDAQ:IRBT), according to unconfirmed market chatter being circulated by traders on Tuesday. The offer is said to be near $2.8 billion or $101 per share.

iRobot closed Tuesday at $68.79, down $1.30.

USG Acquires Ceiling Plus for $52M Cash


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The Deal:

USG Corporation (NYSE:USG) announced a definitive agreement to acquire Ceilings Plus for approximately $52 million in cash. The transaction is expected to close by the end of 2017.

USG closed at $32.24, up 15 cents.

TechCrunch Reports Match Group is still in talks to acquire Bumble

The Rumor:

Match Group Inc (NASDAQ:MTCH) is still in talks to acquire Bumble, according to sources as reported by TechCrunch. The valuation is said to be more than $1 billion.

TechCrunch reported in August that Match Group offered $450 million to acquire Bumble. That offer was declined.

Match Group closed at $29.39, up 70 cents.


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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: NewsRumorsM&APre-Market Outlook