Benzinga's M&A Chatter for Wednesday April 17, 2013

Loading...
Loading...
The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday April 17, 2013:
Roper to Acquire Managed Health Care Associates for $1B in CashThe Deal
:

Roper Industries
ROP
announced Wednesday that it has entered into a definitive agreement to acquire Managed Health Care Associates in a cash transaction valued at $1 billion. Completion of the transaction is expected within 30 days, subject to regulatory approval and customary closing conditions. Roper Industries closed at $120.54 Wednesday and traded at $121.40 after-hours.
j2 Acquires Backup Connect BVThe Deal
:

j2 Global
JCOM
announced Wednesday that it has acquired Backup Connect BV, an online backup provider based in The Netherlands. Terms of the acquisition were not disclosed. j2 Global closed at $38.34 Wednesday, a gain of $0.24 on average volume.
Omega Advisors' Cooperman Says Dish Offer for Sprint Superior to Softbank BidThe Comments
:

Sprint
S
shareholder, Omega Advisors Leon Cooperamn, said on Wednesday he believes Dish Network's
DISH
$25.5B offer is superior to that of Softbank. Cooperman said he is waiting for a response now from Softbank. Omega owns 1.86% of Sprint shares. Sprint closed at $7.09 Wednesday, loss of $0.11 on almost average volume.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsRumorsHedge FundsMovers & ShakersInsider TradesM&AAfter-Hours CenterMoversGeneral
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...