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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Cabot Microelectronics Corporation (NASDAQ: CCMP) announced Monday, that it has entered into a definitive agreement to acquire the developer and manufacturer of advanced CMP pad solutions for the semiconductor industry, NexPlanar Corporation for approximately $142 million. In additionm NexPlanar will receive up to an additional $2.3 million based on treatment of certain unvested stock options held by NexPlanar security holders. Cabot Microelectronics expects to close the transaction within 30 to 45 days, subject to customary closing conditions and regulatory approvals.Cabot Microelectronics closed at $38.26 on Monday, down more than 6%.Comcast to Acquire 51% Stake in Universal Studios Japan for $1.5BThe Deal:
Comcast NBCUniversal (NASDAQ: CMCSA) announced Monday, that it has agreed to purchase a 51% stake in Universal Studios Japan $1.5 billion, Comcast will partner with current owners including Goldman Sachs, USJ's CEO Glenn Gumpel, Asian private-equity firm MBK Partners, and U.S. hedge fund Owl Creek Asset Management. Comcast closed at $54.81 Monday, down 3%.
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Cypress Semiconductor Corp. (NASDAQ: CY) in a statement Monday, indicated that it had previously submitted an offer to the Board of Directors of Atmel (NASDAQ: ATML) to acquire the company. That offer expired and Cypress has withdrawn its interest regarding an acquisition. Cypress was responding to a report from Reuters that Cypress would submit a competing offer to Dialog's (OTC: DLGNF) $4.6 billion deal announced on September 20.Atmel closed at $7.96 on Monday, a loss of $0.05. Pepco, Exelon Announce Joint Applicants File Application for Reconsideration With DCPSC Related to MergerThe Refiling:
Pepco Holdings (NYSE: POM) and Exelon (NYSE: EXC) announced Monday, that they have jointly filed an application for reconsideration with the DC Public Service Commission requesting reconsideration of the DCPSC order related to the merger. The DCPSC has up to 30 days, subject to extension, to issue its decision on the application.The DSPC voted on August 25 to deny the merger, which had had been announced on April 29, 2014.Pepco closed at $23.92 on Monday, and traded as high as $24.89 after-hours. Excelon closed at $29.20 and traded at $29.80 after-hours.
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.