Benzinga's M&A Chatter for Monday June 6, 2016


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday June 6, 2016:Apollo Global Management Said to Still be in Talks to Acquire Concordia Healthcare

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The Rumor:
Apollo Global Management LLC (NYSE: APO) is still in talks to acquire Concordia Healthcare Corp. (NASDAQ: CXRX), according to sources as reported by Dow Jones on Monday. While two other private-equity firms dropped out of the bidding process over regulatory concerns, Apollo submitted a bid in the final round, the sources said.Concordia Healthcare rose $0.18 Monday, to close at $26.71. ManpowerGroup to Acquire Dutch Business of Ciber for $25M in CashThe Deal:
Ciber Nederland B.V., a subsidiary of Ciber, Inc. (NYSE: CBR) and ManpowerGroup Netherlands B.V. (NYSE: MAN) announced Monday, that they have signed a purchase agreement for the sale of certain of the assets and liabilities of Ciber Nederland. The purchase price is $25 million in cash purchase price, subject to a price adjustment related to the retention of certain Ciber Nederland customers, plus an escrow amount of $5.0 million of the purchase price.Manpower closed at $79.06 on Monday, up $0.27.eFuture Reports Preliminary Non-Binding Proposal from Shiji of $6.32/ShareThe Offer:
eFuture Holding Inc. (NASDSThe following are the M&A deals, rumors and chatter circulating on Wall Street for Monday June 6, 2016:Apollo Global Management Said to be Still in Talks to Acquire Concordia HealthcareThe Rumor:
Apollo Global Management LLC (NYSE: APO) is still in talks to acquire Concordia Healthcare Corp. (NASDAQ: CXRX), according to sources as reported by Dow Jones

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on Monday. While two other private-equity firms dropped out of the bidding process over regulatory concerns, Apollo submitted a bid in the final round, the sources said.Concordia Healthcare rose $0.18 Monday, to close at $26.71. ManpowerGroup to Acquire Dutch Business of Ciber for $25M in CashThe Deal:
Ciber Nederland B.V., a subsidiary of Ciber, Inc. (NYSE: CBR) and ManpowerGroup Netherlands B.V. (NYSE: MAN) announced Monday, that they have signed a purchase agreement for the sale of certain of the assets and liabilities of Ciber Nederland. The purchase price is $25 million in cash purchase price, subject to a price adjustment related to the retention of certain Ciber Nederland customers, plus an escrow amount of $5.0 million of the purchase price.Manpower closed at $79.06 on Monday, up $0.27.eFuture Reports Preliminary Non-Binding Proposal from Shiji of $6.32/ShareThe Offer:
eFuture Holding Inc. (NASDAQ: EFUT) announced Monday, receipt of an unsolicited preliminary non-binding proposal to acquire all the remaining outstanding ordinary shares of the company by its controlling shareholder, Shiji Limited, for $6.32 in cash per share. Shiji's offer is non-binding and subject to due diligence, financing, and the parties entering into satisfactory definitive agreements.eFuture closed at $5.63 on Monday, up 3.3%.Helios and Matheson Analytics, Zone Technologies, Announce Pending MergerThe Deal:
Helios and Matheson Analytics Inc. (NASDAQ: HMNY) and Zone Technologies, announced Monday day that they plan to merge. The merger is subject to approval by the NASDAQ Stock Market.Helios and Matheson is a provider of integrated Big Data technology, advanced analytics and data visualization solutions for Fortune 500 companies. Zone Technologies is the creator of RedZone Maps, a GPS-driven, real-time crime and navigation map application.Helios and Matheson Analytics closed at $7.22 on Monday, up 549%, after trading as high as $10.The Offer:
eFuture Holding Inc. (NASDAQ: EFUT) announced Monday, receipt of an unsolicited preliminary non-binding proposal to acquire all the remaining outstanding ordinary shares of the company by its controlling shareholder, Shiji Limited, for $6.32 in cash per share. Shiji's offer is non-binding and subject to due diligence, financing, and the parties entering into satisfactory definitive agreements.eFuture closed at $5.63 on Monday, up 3.3%.Helios and Matheson Analytics, Zone Technologies, Announce Pending MergerThe Deal:
Helios and Matheson Analytics Inc. (NASDAQ: HMNY) and Zone Technologies, announced Monday day that they plan to merge. The merger is subject to approval by the NASDAQ Stock Market.Helios and Matheson is a provider of integrated Big Data technology, advanced analytics and data visualization solutions for Fortune 500 companies. Zone Technologies is the creator of RedZone Maps, a GPS-driven, real-time crime and navigation map application.Helios and Matheson Analytics closed at $7.22 on Monday, up 549%, after trading as high as $10.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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