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Wall Street's M&A Chatter From January 18

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday, January 18, 2017.

ServiceNow Acquires DxContinuum

The Deal:

ServiceNow Inc (NYSE: NOW) announced it has agreed to acquire machine learning company DxContinuum in an all-cash transaction. Terms were not disclosed.

ServiceNow closed Wednesday at $82.85, up 1.77 percent.

Handelsblatt Says Boehringer May Target Zoetis

The Rumor:

Boehringer Ingelheim is targeting a potential acquisition of animal health company Zoetis Inc (NYSE: ZTS), according to Germany's Handelsblatt. Boehringer board member Joachim Hasenmaier told Handelsblatt that the company is looking for market leadership in the animal health segment.

Bayer (OTC: BAYRY) is said to have also considered Zoetis as a potential takeover target.

Zoetis closed at $53.30 on Wednesday, up $0.18.

Google Acquires Fabric from Twitter

The Deal:

Fabric announced an agreement for Fabric to be acquired by Google (NASDAQ: GOOGL) from Twitter Inc (NYSE: TWTR). Terms were not disclosed.

Fabric is a platform that allows mobile teams to build apps.

Google closed at $829.02 on Wednesday, up $1.56.

Takeover Chatter in Mead Johnson

The Rumor:

Shares of Mead Johnson Nutrition CO (NYSE: MJN) spiked higher on unconfirmed market chatter of a potential bid from Nestle (OTC: NSRGF). Mead Johnson has been the subject of takeover chatter in the past, with France's Danone (OTC: DANOY) also mentioned as a potential suitor.

Mead Johnson closed at $75.25 on Wednesday, up 5.33 percent.

 

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Posted-In: M&A News Rumors