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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Mallinckrodt (NYSE: MNK) and Questcor Pharmaceuticals (NASDAQ: QCOR) announced Monday that Mallinckrodt will acquire Questcor for approximately $5.6 billion. Under the terms of the agreement, Questcor shareholders will receive $30.00 per share in cash and 0.897 Mallinckrodt shares for each share of Questcor common share they own, or approximately $86.10 per Questcor share.The deal is expected to close in Q3 2014.Questcor shares closed Monday, well off the premarket high, at $80.58, a gain of more than 18%. GTCR to Acquire Vocus for $18.00/ShareThe Deal:
Vocus (NASDAQ: VOCS) announced Monday it has agreed to be acquired by an affiliate of GTCR LLC in an all-cash deal valued at approximately $446.5 million. Upon the terms of the agreement, GTCR Valor Merger Sub will commence a tender offer to acquire all of the outstanding shares of Vocus's common stock for $18.00 per share in cash. GTCR Valor Merger Sub will also acquire all outstanding shares of Vocus's Series A Convertible Preferred Stock for $77.3 million. The transaction is expected to close before the end of Q2 2014.Vocus closed Monday at $17.92, a gain of 47%.
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TetraLogic Pharmaceuticals (NASDAQ: TLOG) announced Monday that it has agreement to acquire by merger 100% of Shape Pharmaceuticals for an upfront cash payment of $13 million. TetraLogic is responsible for future development and commercialization milestones, as well as tiered royalties on product sales.TetraLogic Pharmaceuticals closed Monday at $6.58, a loss of almost 4%.Twitter Acquires Cover; Terms Not DisclosedThe Deal:
Twitter (NYSE: TWTR) acquired lockscreen app-maker Cover. The acquisition was announced on the Cover website. Terms of the deal were not disclosed.Twitter closed Monday at $6.58, a loss of almost 4%.
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.