20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday Dec. 6, 2017.
DaVita Medical Group Acquired by United Health Unit for $4.9B in Cash
The Deal
UnitedHealth Group Inc (NYSE:UNH) unit Optum, and DaVita Medical Group, a subsidiary of DaVita Inc (NYSE:DVA), announced that Optum will acquire DaVita Medical Group for approximately $4.9 billion in cash. The transaction is expected to close in 2018, subject to regulatory approval.
DaVita closed Wednesday at $69.20, up $8.57.
Cleantech to Acquire 51% of Brighten Holdings
The Deal
Cleantech Solutions International, Inc. (NASDAQ:CLNT) announced that its wholly-owned subsidiary, EC Assets Management Limited has entered into a conditional share swap agreement with Ever-Long Holdings Limited and certain officers and directors, to acquire a 51% interest in the issued share capital of Brighten Holdings in exchange for 19.5 percent of the issued and outstanding shares of Cleantech, and a 5-year interest-free promissory note with a principal amount of $13,762,125 to Brighten. The conditional agreement is subject to entry into a definitive agreement.
Cleantech Solutions closed at $5.65, up $0.34.
Walgreens Boots Alliance Acquires 40% of Chinese Pharmacy Chain GuoDa for $416M
The Deal
Walgreens Boots Alliance Inc (NASDAQ:WBA) reached an agreement with China National Accord Medicines Corporation Ltd. to become an investor in its subsidiary Sinopharm Holding Guoda Drugstores Co., Ltd. Walgreens will acquire a 40 percent minority stake in GuoDa through a capital increase worth approximately $416 million.
The transaction is subject to regulatory review and approval.
Walgreens closed at $71.05, up 87 cents.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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