Benzinga's M&A Chatter for Wednesday December 4, 2013

Loading...
Loading...
The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday December 4, 2013:
Report Essex Rumored to Offer $5B for BRE PropertiesThe Rumor
:

Shares of BRE Properties
BRE
surged higher Wednesday on report from
Bloomberg
of a possible bid from Essex Property Trust
ESS
of $5 billion. Shares were halted for 5 minutes following the report on a circuit breaker. Land and Buildings had offered $60 per share for BRE on July 31. Spokespersons for BRE Properties and Essex Property Trust were not available for comment. BRE Properties closed Wednesday at $59.11, a gain of more than 10% on 13 times average volume.
Medicines Company Acquires Rempex Pharmaceuticals for $140M Plus Milestone PaymentsThe Deal
:

The Medicines Company
MDCO
Loading...
Loading...
announced Wednesday that it has acquired Rempex Pharmaceuticals for $140 million in an upfront payment at the closing. The Medicines Company has also agreed to pay Rempex milestone payments, including certain development and regulatory approval milestones totaling $214 million, and commercial milestones totaling $120 million. The Medicines Company closed Wednesday at $37.70, a gain of 3%.
Yahoo Acquires Ptch, Terms Not DisclosedThe Deal
:

Ptch announced on its website
that it was acquired by Yahoo
YHOO
: "Today, we're excited to announce that Ptch will be joining Yahoo! As part of the Yahoo team, we'll be able to focus our efforts and leverage our technology to make Yahoo's photo and video platforms the best in the world. Yahoo closed Wednesday at $38.13, a gain of more than 4%.
3D Systems Acquires Figulo Corporation, Terms Not DisclosedThe Deal
:

3D Systems (NYSEL DDD) announced Wednesday, the acquisition of Figulo, a provider of 3D printed ceramics. Terms were not disclosed. 3D Systems closed Wednesday at $77.64, a loss of $0.38
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsRumorsM&AAfter-Hours CenterMoversTech
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...