Benzinga's M&A Chatter for Tuesday December 31, 2013


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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.


The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday December 31.Chen Guangbiao Says he is Meeting with New York Times Next WeekThe Rumor:
Shares of The New York Times (NYSE: NYT) were volatile for a second day on Tuesday, following Monday's chatter of a possible takeover deal being put together by Chinese businessman Chen Guangbiao. Chen told a Times reporter that he had set up a meeting with Times representatives next week in New York, though spokesperson Eileen Murphy, said there was no information about such a meeting.On Monday, Murphy, in an email to Benzinga, reiterated comments by Chairman, Arthur Sulzberger, Jr that The New York Times is not for sale.The New York Times closed Tuesday at $15.87, a loss of more than 1%.Stryker to Acquire Patient Safety Technologies for $2.22/Share in CashThe Deal:
Patient Safety Technologies (OTC: PSTX) announced Tuesday, an agreement to be acquired by Stryker Corporation (NYSE: SYK) for $2.22 per common share in cash, or $120 million. The deal is expected to close in Q1 2014.Patient Safety Technologies closed Tuesday at $2.20, a gain of 48%.

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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