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Mergers & Acquisitions

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Lincoln Financial Group (LNC) said it has agreed to acquire Liberty Life Assurance Company of Boston from Liberty Mutual Insurance Group for about $3.3 billion. The company noted that the acquisition will further advance its strategic priority of increasing mortality and morbidity sources of earnings. The...

Wyndham Worldwide Corp. (WYN) and La Quinta Holdings Inc. (LQ) announced a definitive agreement under which Wyndham Worldwide will acquire La Quinta's hotel franchise and hotel management businesses for $1.95 billion in cash. Stockholders of La Quinta will receive $8.40 per share in cash (approximately...

Melrose Industries PLC (MRO.L) announced the terms of its firm offer to acquire the entire issued and to be issued share capital of GKN plc. GKN Shareholders will be entitled to receive: 1.49 new Melrose shares and 81 pence in cash. GKN shareholders would own approximately 57 percent of the enlarged...

B. Riley Financial, Inc. (RILY) Tuesday said it plans to acquire 29 percent of bebe stores, inc. to create a tax efficient platform. B. Riley said it has converted its existing loan into shares of bebe common stock and has acquired 250,000 additional shares from a family trust formed by bebe founder...

Energizer Holdings, Inc. (ENR), a manufacturer of primary batteries and portable lighting products, on Tuesday said it has agreed to acquire Global Battery and Portable Lighting Business from Spectrum Brands Holdings, Inc. (SPB) for $2.0 billion in cash. Energizer said the transaction is expected...

Willbros Group, Inc. (WG) announced Friday that it has signed a definitive agreement to sell certain U.S. mainline pipeline assets to WB Pipeline, LLC, an affiliate of Meridien Energy, LLC. Assets included in the sale consists primarily of cross-country pipeline construction equipment. After the...

GKN plc (GKN.L), an engineering business for the aerospace and automotive markets, Friday rejected a preliminary and unsolicited takeover proposal from Melrose Industries PLC (MRO.L) of 405 pence per share. The company said it intends to separate the businesses. Further, GKN said its fourth-quarter trading...

Meredith Corp. (MDP) announced it has extended the previously announced tender offer to purchase all of the outstanding shares of common stock of Time Inc. (TIME). The offer will now expire on January 25, 2018. All other terms and conditions of the offer remain unchanged. As of the close of business...

Wolters Kluwer N.V. (WTKWY.PK), a Dutch information services and solutions provider, announced Thursday that its Health division has signed an agreement to divest ProVation Medical, its procedure documentation and order set management software business, to Clearlake Capital Group, L.P. for $180 million...

German conglomerate Bayer AG (BAYZF.PK, BAYRY.PK, BYR.L) Thursday said it has reduced its direct interest in Covestro AG, a Bayer spin off formed in 2015, to 14.2 percent from 24.6 percent, selling a total of 21 million shares at a price of 86.25 euros per share. Due to strong interest shown by investors,...

Accenture (ACN) announced an agreement to acquire Stuttgart, Germany-based Mackevision, a global producer of 3D-enabled and immersive product content. Financial terms of the transaction are not being disclosed. Mackevision, which was founded in 1994, has a team of more than 500 employees and has offices...

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