Benzinga's M&A Chatter for Thursday February 18, 2016


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The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday February 18, 2016:EU to Approve $67B Dell, EMC Deal Unconditionally

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The Rumor:
EU antitrust regulators are expected to approve Dell's $67 billion acquisition of EMC Corp (NYSE: EMC) without requiring concessions, according to sources as reported by Reuters on Thursday. Dell announced the deal to acquire EMC on October 12, 2015.EMC closed at $25.12 on Thursday, up $0.14.

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Lakeland Bancorp Reports Will Purchase Harmony Bank for $12.79/ShareThe Deal:
The Boards of Directors of Lakeland Bancorp, Inc. (NASDSQ: LBAI) and Harmony Bank (OTC: HRMB) announced Thursday, that Harmony Bank will be merged with and into Lakeland Bank, with Lakeland Bank as the surviving bank, in a transaction valued at approximately $32.0 million, or $12.79 per share.Harmony Bank shareholders will receive 1.25 shares of Lakeland Bancorp common stock for each share of Harmony Bank common stock that they own. Harmony Bank closed at $12.20 on Thursday, up 28.42%. IBM Watson Health Announces Plans to Acquire Truven Health Analytics for $2.6B,The Deal:
IBM (NYSE: IBM) Watson Health announced Thursday, plans to acquire provider of cloud-based healthcare data, Truven Health Analytics for $2.6 billion. The deal is expecte to close later this year.IBM closed at $132.45 on Thursday, up 5.04%.

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.


Posted In: NewsRumorsM&AMovers