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.
The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday November 18 through Sunday November 20, 2016.
Boral to Acquire Headwaters for $24.25/Share in Cash
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
The Deal
Headwaters Inc (NYSE: HW) announced Sunday it has entered into a binding merger agreement with Boral Limited which Boral will acquire Headwaters for $24.25 per share in cash, for an enterprise value of approximately $2.6 billion. The acquisition is expected to be completed in mid-2017.
Headwaters closed at $20.09 on Friday, down $0.12.
Allergan, TPG, Carl Zeiss Meditec in Talks to Acquire Valeant's Eye-Surgery Assets
The Rumor
Allergan Plc (NYSE: AGN), TPG and Carl Zeiss Meditec AG are said to be among potential bidders for Valeant Pharmaceuticals Intl Inc's (NYSE: VRX) eye-surgery assets, according to sources as reported by Bloomberg on Friday. The Valeant assets could be worth about $2 billion the sources said.
Want Private Access to Benzinga Analyst?
Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.
Valeant closed at $17.95 on Friday, down $0.03.
Dana Inc to Buy Power-Transmission And Fluid Power Unit From Brevini Group For $345.29M
The Deal
Dana Inc (NYSE: DAN) announced Friday an agreement to purchase the power-transmission and fluid power businesses of Brevini Group, with plans to initially purchase an 80 percent share and an an option to purchase the remaining 20 percent by 2020 for a total value of €325 million. The deal is expected to close in early 2017.
Dana closed Friday at $17.01, up 2.72 percent.
Symantec Reaches Deal to Acquire LifeLock
The Rumor:
Bloomberg reported Sunday that Symantec Corporation (NASDAQ: SYMC) has reached a deal to acquire LifeLock Inc (NASDAQ: LOCK) for $2.4 billion. The deal could be announced on Monday. Earlier, Reuters reported that Symantec was in the lead to acquire LifeLock.
LifeLock closed Friday at $20.75, up $0.03.
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.