Benzinga's M&A Chatter for Thursday October 10, 2013

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday October 10, 2013:
Funds Advised by Apax Partners Complete Acquisition of rue21 for $42/ShareThe Deal
:

rue21
RUE
and Apax Partners announced Thursday the completion of the acquisition of rue21 by funds advised by Apax Partners for $42.00 per share in cash. The deal was approved at a special meeting of stockholders held on September 19, 2013. Rue21 stock will cease trading on the NASDAQ Stock Market effective Thursday. rue21 closed at $41.99 Thursday, a gain of 1.82%.
Amazon.com to Acquire TenMarks
The Deal
:

Amazon.com
AMZN
announced Thursday that it has reached an agreement to acquire TenMarks, which provides students with math instruction. Terms of the acquisition were not disclosed. The deal is expected to close in Q4 2013. Amazon closed at $305.17 Thursday, a gain of more than 2%.
Nuance to Acquire VaroliiThe Deal
:

Nuance Communications
NUAN
announced Thursday that it has agreed to acquire cloud-based outbound customer engagement solutions procvider Varolii. The deal is expected to close next week. Terms were not disclosed. Nuance Communications closed at $18.27 Thursday, a gain of $0.12.
Huntington Bancshares Acquires Camco Financial for $6.00/Share in CashThe Rumor
:

Huntington Bancshares
HBAN
and Camco Financial Corporation
CAFI
announced Thursday an agreement under which Huntington will acquire Camco Financial in a cash and stock transaction valued at aproximately $97 million. Under the terms of the agreement, Camco shareholders may elect to receive 0.7264 shares of Huntington common stock, or $6.00 in cash, for each share of Camco Financial common stock they own. The deal is expected to be close in H1 2014. Camco Financial closed at $5.94 Thursday, a gain of 50%.
Loading...
Loading...
AMZN Logo
AMZNAmazon.com Inc
$193.200.58%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
47.31
Growth
90.97
Quality
74.32
Value
50.79
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Posted In:
Comments
Loading...