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Benzinga's Weekend M&A Chatter

Benzinga's Weekend M&A Chatter

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday September 6 through Sunday September 8, 2013

Jacobs Engineering Acquires Sinclair Knight Merz for Approximately $1.2B

The Deal:
Jacobs Engineering Group (NYSE: JEC) announced Sunday it is acquiring Australian consulting and engineering firm Sinclair Knight Merz for approximately $1.1 billion in cash, plus adjustments for cash, debt and other items.

The deal is expected to close by the end of Q1 of Fiscal Year 2014.

Jacobs Engineering Group closed Friday at $58.08, a loss of 1.5%.

Ebay Acquires Decide

The Deal:
Ebay (NASDAQ: EBAY) announced Friday that it has acquired shopping research site Terms were not disclosed.

Ebay closed at $52.83 Friday, a gain of 1.5%.

Arthur J. Gallagher Acquires R. W. Scobie

The Deal:
Arthur J. Gallagher & Co. (NYSE: AJG) announced Friday the acquisition of R. W. Scobie, Inc. Terms of the deal were not disclosed.

Arthur J. Gallagher closed at $43.05 Friday, a gain of $0.13.

Posted-In: News M&A Movers


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