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Wall Street's M&A Chatter From Thursday, November 3

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday November 3, 2016.

Lattice Semiconductor to be Acquired by Canyon Bridge Capital Partners, Inc. for $8.30/Share in Cash

The Deal:

Lattice Semiconductor (NASDAQ: LSCC) and Canyon Bridge Capital Partners announced Thursday, Canyon Bridge will acquire all outstanding shares of Lattice for approximately $1.3 billion inclusive of Lattice's net debt, or $8.30 per share in cash. The transaction is expected to close in early 2017. Lattice Semiconductor closed at $7.55 on Thursday, up 9.61 percent.

Intel is buying Voke

The Deal:

Virtual Reality company Voke confirmed Thursday, that they ate being acquired by Intel Corporation (NASDAQ: INTC). VOKE will become part of the Intel Sports Group. Terms were not disclosed. Intel closed at $33.93 on Thursday, down 1.94 percent.

Glu Mobile Acquires Controlling Interest in Crowdstar for $40.8M in cash

The Deal:

Glu Mobile Inc. (NASDAQ: GLUU) acquired shares representing approximately 80.6 percent of the issued and outstanding voting power of Crowdstar Inc. for $40.8 million in cash. CrowdStar develops mobile games and games for Facebook, including "Happy Aquarium", "Happy Pets", "Wasteland Empires" and "It Girl." Glu Mobile closed Thursday at $21.12, down 11.48%.

Posted-In: News Rumors M&A

 

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