Benzinga's M&A Chatter for Thursday October 22, 2015

Loading...
Loading...
The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday October 22, 2015:
SFX Entertainment Special Committee Provides Update on Sale ProcessThe Update
:

SFX Entertainment, Inc.'s
SFXE
Special Committee of the Board of Directors announced Thursday, that it has received preliminary indications of interests from parties interested in acquiring the Company, including Chairman and CEO Robert F.X. Sillerman, whose preliminary bid was reported in a 13D filing. The committee is evaluating the indications of interests and is in the interested parties. SFX Entertainment closed at $1.00, up more than 11%.
Graham Holding's Kaplan Acquires SmartPros for 3.57/Share in CashThe Deal
:

Graham Holdings
GHC
subsidiary Kaplan, Inc., has agreed to acquire SmartPros, Ltd.
SPRO
, for approximately $16.9 million in cash or $3.57 per share. The transaction is expected to close by year-end. SmartPros closed at $3.52 Thursday, up 38%.
Lexmark International Exploring Strategic Alternatives Including Potential SaleThe Rumor
Loading...
Loading...
:

Lexmark International
LXK
is exploring strategic alternatives, including a potential sale of the company, according to sources as reported by the
Wall Street Journal
on Thursday. Lexmark is said to be working with Goldman Sachs on the process. Lexmark International closed at $32.88 Thursday, up almost 6%.
Interval Leisure Group Said to be in Discussions to Acquire Starwood's Vacation-Ownership BusinessThe Rumor
:

Interval Leisure Group Inc. is reportedly in talks to acquire Starwood Hotels & Resorts Worldwide Inc.'s
HOT
vacation-ownership business, according to a source as reported by the
Wall Street Journal
on Thursday. The deal could be valued $1 billion to $1.5 billion and could be announced as early as next week. Starwood closed at $66.99 Thursday, up almost 3%.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsRumorsM&AMoversComputer Storage & PeripheralsInformation Technology
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...