The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday June 6, 2016:
Apollo Global Management Said to Still be in Talks to Acquire Concordia Healthcare
The Rumor:
Apollo Global Management LLC (NYSE: APO) is still in talks to
acquire Concordia Healthcare Corp. (NASDAQ: CXRX), according
to sources as reported by Dow Jones on Monday. While two other private-equity firms dropped out of the bidding process over
regulatory concerns, Apollo submitted a bid in the final round, the sources said.
Concordia Healthcare rose $0.18 Monday, to close at $26.71.
ManpowerGroup to Acquire Dutch Business of Ciber for $25M in Cash
The Deal:
Ciber Nederland B.V., a subsidiary of Ciber, Inc. (NYSE: CBR)
and ManpowerGroup Netherlands B.V. (NYSE: MAN) announced
Monday, that they have signed a purchase agreement for the sale of certain of the assets and liabilities of Ciber Nederland. The
purchase price is $25 million in cash purchase price, subject to a price adjustment related to the retention of certain Ciber
Nederland customers, plus an escrow amount of $5.0 million of the purchase price.
Manpower closed at $79.06 on Monday, up $0.27.
eFuture Reports Preliminary Non-Binding Proposal from Shiji of $6.32/Share
The Offer:
eFuture Holding Inc. (NASDSThe following are the M&A deals, rumors and chatter circulating on Wall Street for Monday June 6,
2016:
Apollo Global Management Said to be Still in Talks to Acquire Concordia Healthcare
The Rumor:
Apollo Global Management LLC (NYSE: APO) is still in talks to
acquire Concordia Healthcare Corp. (NASDAQ: CXRX), according
to sources as reported by Dow Jones on Monday. While two other private-equity firms dropped out of the bidding process over
regulatory concerns, Apollo submitted a bid in the final round, the sources said.
Concordia Healthcare rose $0.18 Monday, to close at $26.71.
ManpowerGroup to Acquire Dutch Business of Ciber for $25M in Cash
The Deal:
Ciber Nederland B.V., a subsidiary of Ciber, Inc. (NYSE: CBR)
and ManpowerGroup Netherlands B.V. (NYSE: MAN) announced
Monday, that they have signed a purchase agreement for the sale of certain of the assets and liabilities of Ciber Nederland. The
purchase price is $25 million in cash purchase price, subject to a price adjustment related to the retention of certain Ciber
Nederland customers, plus an escrow amount of $5.0 million of the purchase price.
Manpower closed at $79.06 on Monday, up $0.27.
eFuture Reports Preliminary Non-Binding Proposal from Shiji of $6.32/Share
The Offer:
eFuture Holding Inc. (NASDAQ: EFUT) announced Monday,
receipt of an unsolicited preliminary non-binding proposal to acquire all the remaining outstanding ordinary shares of the company
by its controlling shareholder, Shiji Limited, for $6.32 in cash per share. Shiji's offer is non-binding and subject to due
diligence, financing, and the parties entering into satisfactory definitive agreements.
eFuture closed at $5.63 on Monday, up 3.3%.
Helios and Matheson Analytics, Zone Technologies, Announce Pending Merger
The Deal:
Helios and Matheson Analytics Inc. (NASDAQ: HMNY) and Zone
Technologies, announced Monday day that they plan to merge. The merger is subject to approval by the NASDAQ Stock Market.
Helios and Matheson is a provider of integrated Big Data technology, advanced analytics and data visualization solutions for
Fortune 500 companies. Zone Technologies is the creator of RedZone Maps, a GPS-driven, real-time crime and navigation map
application.
Helios and Matheson Analytics closed at $7.22 on Monday, up 549%, after trading as high as $10.
The Offer:
eFuture Holding Inc. (NASDAQ: EFUT) announced Monday,
receipt of an unsolicited preliminary non-binding proposal to acquire all the remaining outstanding ordinary shares of the company
by its controlling shareholder, Shiji Limited, for $6.32 in cash per share. Shiji's offer is non-binding and subject to due
diligence, financing, and the parties entering into satisfactory definitive agreements.
eFuture closed at $5.63 on Monday, up 3.3%.
Helios and Matheson Analytics, Zone Technologies, Announce Pending Merger
The Deal:
Helios and Matheson Analytics Inc. (NASDAQ: HMNY) and Zone
Technologies, announced Monday day that they plan to merge. The merger is subject to approval by the NASDAQ Stock Market.
Helios and Matheson is a provider of integrated Big Data technology, advanced analytics and data visualization solutions for
Fortune 500 companies. Zone Technologies is the creator of RedZone Maps, a GPS-driven, real-time crime and navigation map
application.
Helios and Matheson Analytics closed at $7.22 on Monday, up 549%, after trading as high as $10.
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