Merger activity increased last week with four new deals announced and five pending deals closing.
Deal Statistics
New Deals
- The acquisition of TIER REIT (TIER) by Cousins Properties Incorporated (CUZ) for $2.38 billion in an all stock deal. Under the terms of the agreement, Cousins will issue 2.98 shares of newly issued common stock in exchange for each share of TIER stock.
- The acquisition of WellCare Health Plans (WCG) by Centene Corporation (CNC) for $17.3 billion in a cash plus stock deal. Under the terms of the merger agreement, WellCare shareholders will receive a fixed