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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Shanda Games Limited (NASDAQ: GAME) has been informed by Ningxia Yilida Capital Investment Limited Partnership that Ningxia Yilida, Ningxia, Orient Hongtai, Orient Hongzhi (Hong Kong) Limited and Hao Ding International Limited entered into a consortium agreement on March 16, 2015, pursuant to which they agreed to form a consortium to acquire the Company in a "going private" transaction at $3.45 per Class A or Class B ordinary share, or $6.90 per American depositary share.The Shanda Special Committee is reviewing the proposal and has not set a definitive timetable for the completion of its evaluation.Shanda Games shares closed at $6.38 Monday, a gain of 1.25%.Report P&G Could Potential Sell, Launch IPO of Beauty BrandsThe Rumor:
Shares of The Procter & Gamble Company (NYSE: PG) spiked higher Monday, on a report from Bloomberg, that P&G is exploring a sale or IPO of some of its beauty brands business, which includes Cover Girl and Herbal Essense. Sources also sale the company could consider a sale of its Wella hair-care business.A P&G spokesperson says Bloomberg's report is pure speculation.P&G shares rose 2% Monday, closing at $83.56.
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Valeant Pharmaceuticals International, Inc. (NYSE: VRX) and Salix Pharmaceuticals, Ltd. (NASDAQ: SLXP) announced Monday, that they have entered into an amendment to their Plan of Merger, dated February 20, 2015. Valeant increased the offer price to acquire all the outstanding common stock of Salix from $158.00 per share to $173.00 per share in cash, for a total enterprise value of approximately $15.8 billion.The deal is expected to close by April 1.Following the announcement of the revised Valeant offer, Endo International plc (NASDAQ: ENDP) announced it was withdawing its offer to acquire Salix.Salix shares gained 2% Monday, closing at $172.75; Valeant shares gained 2.5%. to close at $202.34; Endo gained 2.5%, closing at $89.65. Leonard Green, TPG to Acquire Life Time Fitness for $72.10/ShareThe Deal:
Life Time Fitness, Inc. (NYSE: LTM), Leonard Green & Partners and TPG, announced Monday, that they have entered into a definitive merger agreement under which affiliates of Leonard Green & Partners and TPG will acquire Life Time for $72.10 per share in cash. The transaction is valued at more than $4.0 billion.The deal is expected to close in Q3 of 2015.Life Time Fitness shares rose 5% Monday, closing at $70.68.Hearing Unconfirmed Market Chatter of Cisco $60/Share Bid for FireEyeThe Rumor:
Shares of FireEye rose Monday, on Unconfirmed market chatter of a potential bid from Cisco of $60.00 per share.Cisco declined comment on the rumor. FireEye did not respond to a request for comment. FireEye shares rose $0.33 Monday, closing at $42.37.
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.