Benzinga's M&A Chatter for Thursday February 18, 2016
The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday February 18, 2016:
EU to Approve $67B Dell, EMC Deal Unconditionally
EU antitrust regulators are expected to approve Dell's $67 billion acquisition of EMC Corp (NYSE: EMC) without requiring concessions, according to sources as reported by Reuters on Thursday. Dell announced the deal to acquire EMC on October 12, 2015.
EMC closed at $25.12 on Thursday, up $0.14.
Lakeland Bancorp Reports Will Purchase Harmony Bank for $12.79/Share
The Boards of Directors of Lakeland Bancorp, Inc. (NASDSQ: LBAI) and Harmony Bank (OTC: HRMB) announced Thursday, that Harmony Bank will be merged with and into Lakeland Bank, with Lakeland Bank as the surviving bank, in a transaction valued at approximately $32.0 million, or $12.79 per share.Harmony Bank shareholders will receive 1.25 shares of Lakeland Bancorp common stock for each share of Harmony Bank common stock that they own.
Harmony Bank closed at $12.20 on Thursday, up 28.42%.
IBM Watson Health Announces Plans to Acquire Truven Health Analytics for $2.6B,
IBM (NYSE: IBM) Watson Health announced Thursday, plans to acquire provider of cloud-based healthcare data, Truven Health Analytics for $2.6 billion. The deal is expecte to close later this year.
IBM closed at $132.45 on Thursday, up 5.04%.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.