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.
SFTBY - Merger Arbitrage Mondays - Gilead Sciences Acquires Immunomedics At A High Premium
SoftBank Group Corp ADR
Merger activity decreased last week, with two new deals announced, but one of these was a blockbuster deal worth $21 billion and at a 108% premium to Friday's closing price. None of the pending active deals were completed last week.
There was also a private deal nearly double the size of the public ones with Nvidia (NVDA) agreeing to buy Arm Holdings from SoftBank Group (SFTBY) for $40 billion.
Baring Private Equity Asia announced the acquisition of Virtusa Corporation (VRTU) in an all-cash deal valued at $2 billion, representing