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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Shares of Yelp (NYSE: YELP) spiked higher Thursday on renewed market chatter of a potential takeover offer. This time, the rumored buyer was Google (NASDAQ: GOOGL). Yelp has been the subject of frequent takeover chatter. Spokespersons for Yelp and Google were not available for comment.Yelp closed Thursday at $69.62, a loss of $0.53.Kindred to Acquire Gentiva for $14.50/Share in Cash, $5.00/Share in Kindred Stock The Deal:
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Kindred Healthcare, Inc. (NYSE: KND) and Gentiva Health Services, Inc. (NASDAQ: GTIV) announced Thursday, that Kindred will acquire all of the outstanding shares of Gentiva common stock for $19.50 per share in a combination of cash and stock. Gentiva shareholders will receive $14.50 per share in cash and $5.00 per share in Kindred common stock The deal is expected to close in Q1 2015.Gentiva Health closed Thursday at $19.49, a gain of more than 16%, while shares of Kindred Healthcare gained 5%, to close at $20.75.
Endo International plc (NASDAQ: ENDP) and Auxilium Pharmaceuticals, Inc. (NASDAQ: AUXL) announced Thursday that Endo will acquire all of the outstanding shares of common stock of Auxilium for $33.25 per share, in a cash and stock transaction, in a deal valued at $2.6 billion. Auxilium shareholders may choose 100% equity, 100% cash, or an equal mix of $16.625 in cash and 0.244 Endo shares per Auxilium share. The deal is expected to close in H1 2015.Auxilium Pharmaceuticals shares rose 9% Thursday, to close at $32.44, while Endo shares lost 6%, to close at $66.78.Elliott Management Reaffirms $21.00/Share Offer for RiverbedThe Offer:
Elliott Management Corporation commented Thursday, on Riverbed Technology, Inc.'s (NASDAQ: RVBD) announcement of preliminary earnings and strategic review process. Elliott said “We commend the Board for initiating a strategic review and believe that Riverbed is a great company with products customers value,” said Jesse Cohn, portfolio manager at Elliott Management. “We have made a $21 bid for the company, and our team and advisors look forward to completing our confirmatory diligence in an expedited fashion.”Riverbed Technology shares rose almost 3% Thursday to close at $18.59.
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.