Crypto Whales Are Loading Up — Are You?
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.
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McGraw-Hill Companies (NYSE: MHP) announced Monday it has signed a definitive agreement to sell its McGraw-Hill Education business to investment funds affiliated with Apollo Global Management, LLC (NYSE: APO), for a purchase price of $2.5 billion, subject to certain closing adjustments. As part of this transaction, McGraw-Hill will receive $250 million in senior unsecured notes issued by the purchaser at an annual interest rate of 8.5%. The transaction, which is expected to close in late 2012 or early 2013, is subject to regulatory approval and customary closing conditions.McGraw-Hill Companies closed at $51.89 Monday, a gain of 0.40% on 2.5% times average volume.AvalonBay Announces Agreement to Acquire 40% of Archstone for $16BThe Deal:
AvalonBay Communities (NYSE: AVB) along with Equity Residential (NYSE: EQR) announced Monday that the companies entered into an agreement with Lehman Brothers Holdings (OTC: LEHMQ) to acquire the assets and liabilities of Archstone Enterprise LP (“Archstone”), which consist principally of a portfolio of high quality apartment communities in major markets in the United States, for approximately $16 billion in the aggregate. Under the terms of the Agreement, AvalonBay will acquire approximately 40% of Archstone's assets and liabilities and Equity Residential will acquire approximately 60% of Archstone's assets and liabilities. The transaction is expected to close during the first quarter of 2013.AvalonBay Communities closed at $128.95 Monday, but traded 1.3% lower after hours.Merit Medical Signs Agreement to Acquire Thomas Medical Products for $167M in CashThe Deal
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Onex Corporation (OTC: ONEXF) announced Monday that it has agreed to acquire USI, a leading U.S. provider of insurance brokerage services, for $2.3 billion. The transaction is anticipated to close by the end of 2012 subject to customary conditions and regulatory approvals.Onex closed at $40.45 Monday, down $0.32.Apollo in Talks to Buy UK Jewelry Chain Owner AurumThe Rumor:
Private equity firm Apollo Global Management (NYSE: APO) is rumored to be in talks to acquire UK Jewelry retailer Aurum, according to a report from the UK Telegraph late Sunday.A spokesperson for Apollo was not available for comment.Apollo Global Management closed at $15.27 Monday, a loss of $0.06 on lower than average volume.
Crypto Whales Are Loading Up — Are You?
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.