When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
ACIA - Merger Arbitrage Mondays: Cisco's Acquisition Of Acacia Trades At A 9% Discount
Acacia Communications Inc.
Merger activity remained steady last week with three new deals announced and one pending deal closing.
Deal Statistics:
New Deals:
The acquisition of Acacia Communications (ACIA) by Cisco Systems (CSCO) for $2.6 billion or $70.00 per share in cash. The spread for an all-cash deal of this type that does not list China as one of its regulatory risks is unusually large at 8.7%.
The acquisition of Milacron Holdings (MCRN) by Hillenbrand (HI) for $2 billion in a cash plus stock deal. Under the terms of the agreement, Milacron stockholders will receive $11.80 in cash