logo

Mergers & Acquisitions

Share SHARE

Nevada Gold & Casinos Inc (UWN) on Friday said it has agreed to buy the Club Fortune Casino in Henderson, Nevada for $14.2 million in cash and 1.2 million shares of the company's common stock, exclusive of working capital adjustments. Nevada Gold expects the deal to be immediately accretive to earnings....

ADESA, a part of vehicle auctioneer KAR Auction Services (KAR), on Friday said its subsidiary, AutoVIN, has completed the acquisition of the vehicle inspection business from DataScan Field Services, a JM Family Enterprises company. DataScan utilizes Internet-based technology to perform vehicle inspection...

Exelis Inc. (XLS) said Friday that its shareholders have approved the merger agreement providing for the acquisition of the company by Harris Corp. (HRS). Exelis also said that on Thursday, Exelis and Harris received notification that the Department of Justice had terminated the waiting period applicable...

Berkshire Hills Bancorp, Inc. (BHLB) Friday said it signed a definitive agreement for the acquisition of privately held Needham, Massachusetts based Firestone Financial Corp. for around $53 million. The commercial specialty finance company will be added to Berkshire as an operating subsidiary. The...

TeliaSonera (TLSNY.PK) announced an investment in Springworks, which broadens the company's m2m and IoT (Internet of Things)-portfolio with new capabilities. Springworks is a pioneer in building smart human interfaces for IoT-applications, in the form of mobile apps and web user interfaces. The company...

Expedia, Inc. (EXPE) said it has sold its 62.4 percent majority stake in eLong, Inc. (LONG), a leading online travel company in China, to several purchasers based in China, including Ctrip.com International, Ltd. (CTRP), Keystone Lodging Holdings Limited, Plateno Group Limited and Luxuriant Holdings...

Chinese online travel services provider Ctrip.com International Ltd (CTRP) Friday announced that it has acquired a 37.6% equity stake in eLong, Inc. (LONG) for a total purchase price of approximately $400 million. . The company acquired eLong shares from certain selling shareholders, including Expedia,...

Advertising giant WPP Group Plc. (WPP.L, WPPGY) Friday said its subsidiary Always Marketing Services, China's leading field and shopper marketing company, has agreed to acquire 3ree, an integrated marketing company based in Singapore. Founded in 2010 by Tan Li Li and Isabel Cheong, 3ree offers event...

Quintain Estates & Development Plc. (QED.L) reported Friday that its fiscal 2015 profit before tax surged to 40.7 million pounds from prior year's 4.7 million pounds. Adjusted profit before tax, which excluded certain items, was 6.2 million pounds, compared to 4.2 million pounds a year ago. Profit...

Tarsus Group Plc. (TRS.L), a business-to-business media group, said it has further strengthened its portfolio in the U.S. by acquiring PAINWeek. The acquisition completes the exposure of the group's medical business to the four main sectors of the U.S. preventative medical market - neurology, endocrinology,...

Mandarin Oriental International Limited (MDO.L) announced Friday that it has agreed to acquire the Hotel Ritz, Madrid for 130 million euros or $148 million in a joint venture with The Olayan Group, a Saudi Arabian multinational group. The Hotel is anticipated to have a positive impact on future Group...

Oil and gas producer Vanguard Natural Resources, LLC (VNR) has agreed to acquire Eagle Rock Energy Partners L.P. (EROC) in a deal valued at about $614 million, including the assumption of debt, the two companies said Thursday. This is Vanguard's second acquisition within a month, after the company...

Printer maker and enterprise services provider Lexmark International Inc (LXK) on Thursday said it has closed the acquisition of software company Kofax Ltd. Lexmark acquired Kofax in a cash transaction for $11.00 per share, for a total enterprise value of about $1 billion. The deal would nearly double...

CVS-Omnicare-052115.jpg Drugstore chain CVS Health Corp., which changed its name from CVS Caremark Corp. in September last year, agreed Thursday to acquire pharmacy services provider Omnicare, Inc. (OCR) for $98 per share in cash, valued at $12.7 billion, including about $2.3 billion in debt. With this deal, CVS Health expects to expand its presence in the senior patient care market.

AbbVie (ABBV) announced the per share offer consideration amounts pursuant to its offer to acquire each outstanding share of common stock of Pharmacyclics, Inc. for a mix of cash and AbbVie common stock. The mixed consideration will consist of $152.25 in cash and 1.6639 shares of AbbVie common stock...

Follow RTT