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Mergers & Acquisitions

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Shares of Alliance Pharma plc (APH.L) were gaining around 3 percent in London trading after the specialty pharmaceutical company announced Tuesday its agreement to buy exclusive marketing rights to Nizoral, a medical, anti-dandruff shampoo brand, in Asia-Pacific. Alliance Pharma will buy the Nizoral...

Roche (RHHBY) announced definitive merger agreement to acquire the outstanding shares of Cambridge, Massachusetts-based molecular information company Foundation Medicine, Inc.'s (FMI) common stock not already owned by Roche and its affiliates at a price of $137.00 per share in cash. This corresponds...

Patrick Soon-Shiong announced late Monday that he has completed the purchase of the Los Angeles Times, San Diego Union-Tribune and other entities in the California News Group, assuming full ownership from Tronc (TRNC). Soon-Shiong purchased the California News Group titles through his personal investment...

Athletic retailer The Finish Line, Inc. (FINL) and JD Sports Fashion Plc (JD.L) said Monday that they have completed their merger. As a result of the merger, Finish Line has become an indirect wholly-owned subsidiary of JD Sports, which is a European retailer of sports, fashion and outdoor brands....

LaSalle Hotel Properties (LHO) said that its Board of Trustees has reaffirmed its support for the transaction with affiliates of Blackstone Real Estate Partners VII. The Board has determined that the proposal from Pebblebrook Hotel Trust (PEB) received on June 11, 2018 to acquire LaSalle does not...

Rent-A-Center, Inc. (RCII) announced a definitive agreement with Vintage Rodeo Parent, LLC, an affiliate of Vintage Capital Management, LLC, pursuant to which Vintage will acquire all of the outstanding shares of Rent-A-Center common stock for $15.00 per share in cash. The transaction, which is expected...

W. P. Carey Inc. (WPC) announced its Board has unanimously approved a definitive merger agreement pursuant to which Corporate Property Associates 17 - Global Incorporated, or CPA:17, a publicly-held non-traded REIT advised by W. P. Carey, will merge with and into a subsidiary of W. P. Carey in a stock-for-stock...

Brown & Brown, Inc. (BRO) announced that a subsidiary of the company has acquired substantially all of the assets of C & C Risk Services, a managing general agent providing excess public entity insurance coverage to municipalities in Texas and Florida. The firm has annual revenues of approximately $1...

BOK Financial Corp. (BOKF) and CoBiz Financial Inc. (COBZ) announced a merger agreement under which CoBiz will merge with BOK Financial in a transaction valued at approximately $1 billion. Approximately 75 percent of the consideration will be in stock, with the rest in cash. CoBiz is headquartered...

The Competition and Markets Authority, or CMA, has found Rentokil's (RTO.L, RTOKY.PK) purchase of Cannon Hygiene may lead to higher prices and lower quality for businesses buying products and services for washrooms. The CMA stated that, if the merger goes ahead, the companies could face very limited...

Rupert Murdoch and Twenty-First Century Fox, Inc. (FOXA, FOX) will meet next Wednesday to consider Comcast Corp.'s (CMCSA) $65 billion bid to acquire most of its film and television assets, the Bloomberg reported, citing people with knowledge of the matter. The Fox board, which had agreed last year...

Perry Ellis International (PERY) announced that it has agreed to go private in a deal under which a newly formed entity controlled by George Feldenkreis will acquire Perry Ellis for $27.50 per share in cash valued at about $437 million. The transaction, which is expected to close in the second half...

SJW Group (SJW) announced its Board unanimously rejected the highly-conditional unsolicited tender offer made by California Water Service Group (CWT) to acquire all outstanding shares of SJW Group at a price of $68.25 per share in cash. The Board reaffirmed its recommendation that SJW Group stockholders...

Anglo American Plc. (AAUKY.PK, AAL.L) announced Thursday that it has entered into a Heads of Agreement with Mitsubishi Corp. (MBC.L, MSBHY.PK) in relation to Mitsubishi's proposed acquisition of a 21.9% equity interest in Anglo American Quellaveco S.A. or AAQSA., for a total consideration of $600 million....

Dassault Systèmes (DASTY.PK) announced Thursday that it has entered into a definitive agreement to acquire a majority stake in Centric Software, a privately-owned provider of digital transformation with software innovation in the fashion, apparel, luxury and retail sectors. Under the terms, Dassault...

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