The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday November 3, 2016.
Lattice Semiconductor to be Acquired by Canyon Bridge Capital Partners, Inc. for $8.30/Share in Cash
The Deal:
Lattice Semiconductor (NASDAQ: LSCC) and
Canyon Bridge Capital Partners announced Thursday, Canyon Bridge will acquire all outstanding shares of Lattice for approximately
$1.3 billion inclusive of Lattice's net debt, or $8.30 per share in cash. The transaction is expected to close in early 2017.
Lattice Semiconductor closed at $7.55 on Thursday, up 9.61 percent.
Intel is buying Voke
The Deal:
Virtual Reality company Voke confirmed Thursday, that they ate being acquired by Intel Corporation (NASDAQ:
INTC). VOKE will become part of the Intel Sports Group.
Terms were not disclosed. Intel closed at $33.93 on Thursday, down 1.94 percent.
Glu Mobile Acquires Controlling Interest in Crowdstar for $40.8M in cash
The Deal:
Glu Mobile Inc. (NASDAQ: GLUU) acquired
shares representing approximately 80.6 percent of the issued and outstanding voting power of Crowdstar Inc. for $40.8 million in
cash. CrowdStar develops mobile games and games for Facebook, including "Happy Aquarium", "Happy Pets", "Wasteland Empires" and "It
Girl." Glu Mobile closed Thursday at $21.12, down 11.48%.
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