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Acquisitions

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  • What's Twitter's target now?     Tuesday, 25 Nov 2014 | 5:00 PM ET

    The Fast Money traders discuss Twitter's potential acquisition of "Shots," the Justin Bieber backed selfie app run by John Shahidi.

  • FACTBOX-Recent tax inversion proposals Tuesday, 25 Nov 2014 | 1:19 PM ET

    Medical technology company Medtronic Inc said on Nov. 18 that its plan to acquire and adopt the tax domicile of Ireland's Covidien Plc was on track to close in 2015.. High-tech manufacturer Applied Materials Inc plans to buy Japanese rival Tokyo Electron Ltd and reincorporate in the Netherlands. Burger King Worldwide Inc plans to acquire Canadian coffee and...

  • 3D Systems to buy Cimatron for $97M Monday, 24 Nov 2014 | 4:14 PM ET

    Printing company 3 D Systems Corp. plans to acquire software maker Cimatron Ltd. for $97 million, the companies announced Monday. Cimatron, based in Israel, makes software used for three-dimensional drafting and modeling, including for molds and other tools. 3 D will pay $8.97 for each share of Cimatron, a premium of 48 percent over its Friday closing price of...

  • Nov 24- BioMarin Pharmaceuticals Inc said it would buy Dutch drug developer Prosensa Holding NV for about $840 million, betting on a drug that has potential to become the first approved treatment for a rare muscle disorder. "Though the asset has risk given the clinical history, we believe the payoff for BioMarin could be substantial given the unmet need...

  • Nov 24- Merck& Co Inc on Monday said it would buy worldwide commercial rights to NewLink Genetics Corp's experimental vaccine meant to prevent infection with the Ebola virus. Guinea, Sierra Leone and Liberia account for all but 15 of the deaths. The Walter Reed Army Institute of Research and the U.S. National Institute of Allergy and Infectious Diseases, part of...

  • UPDATE 1-BioMarin to buy Prosensa in $840 mln deal Monday, 24 Nov 2014 | 7:39 AM ET

    Nov 24- BioMarin Pharmaceuticals Inc said it would buy Dutch drug developer Prosensa Holding NV for about $840 million including milestone payments, aiming to add to its portfolio of drugs to treat rare diseases. BioMarin will offer $17.75 for every Prosensa share and make two milestone payments of $80 million each following U.S. and European approvals for...

  • 3D Systems to buy design software maker Cimatron Monday, 24 Nov 2014 | 5:55 AM ET

    Nov 24- 3 D printer maker 3 D Systems Corp said it would buy Cimatron Ltd for about $97 million to strengthen its position in the fast-growing 3 D design and manufacturing business. 3 D Systems said it will pay $8.97 per Cimatron share, a premium of 47.5 percent to the stock's closing price on the Nasdaq on Friday. Israel- based Cimatron provides 3 D design software...

  • LONDON, Nov 21- British insurer Aviva said on Friday it had agreed terms on a possible deal to buy rival Friends Life for 5.6 billion pounds, as British pension reform puts pressure on insurance companies to find new business. Aviva's all-share offer of 0.74 shares for every Friends Life share implies a 15 percent premium to the closing price on Friday.

  • Nov 21- British insurer Aviva said on Friday it had agreed terms on a possible deal to buy rival Friends Life for 5.6 billion pounds, as British pension reform puts pressure on insurance companies. Aviva's all-share offer of 0.74 shares for every Friends Life share implies a 15 percent premium to the closing price on Friday. Friends Life shareholders would also...

  • WILLISTON, N.D., Nov 21- Halliburton Co's $35 billion takeover of Baker Hughes Inc will create an oilfield services powerhouse in North Dakota with more than half the cementing market and a leading position in fracking, according to data seen by Reuters. The deal, announced on Monday, will help Halliburton better compete with global leader Schlumberger NV, as well...

  • Nov 21- Sysco Corp, the biggest U.S. food distributor, is in advanced talks to sell some assets to a food company owned by Blackstone Group in order to win regulatory approval for its acquisition of US Foods Inc, the New York Post reported, citing sources. Once Sysco strikes a deal to divest some assets, the Federal Trade Commission is expected to clear the acquisition,...

  • New Media to buy Worcester Telegram & Gazette Thursday, 20 Nov 2014 | 8:07 PM ET

    WORCESTER, Mass.— The Worcester Telegram& Gazette is changing hands for the second time in recent months as New Media Investment Group Inc. acquires its parent Halifax Media Group. New Media's subsidiary GateHouse Media LLC operates several eastern Massachusetts dailies and the Providence Journal in Rhode Island. Halifax bought the T&G in May from Boston...

  • *Technip offers 28 pct premium on CGG's closing price. *Technip shares down 6.5 pct, CGG up 26 pct. PARIS, Nov 20- French oil services firm CGG has rebuffed a 1.47 billion euro takeover offer from larger rival Technip, which wants to broaden the range of services it can offer cost-wary oil companies.

  • TRW Automotive shareholders approve ZF acquisition Thursday, 20 Nov 2014 | 8:58 AM ET

    NEW YORK— Shareholders of TRW Automotive approved a proposed $11.7 billion acquisition by German automotive transmission maker ZF Friedrichshafen AG, the companies said Thursday. TRW Automotive Holdings Corp., based in Livonia, Michigan, makes air bags, automatic emergency braking and other safety products. ZF, based in Friedrichshafen, Germany, makes auto...

  • NEW YORK, Nov 19- Citigroup Inc is considering a sale of its index business, two sources familiar with the situation said on Wednesday, making it the latest bank to think about jettisoning benchmarking amid increased regulatory scrutiny. About $174 billion in exchange traded fund and mutual fund assets track Citigroup indexes, according to Morningstar.

  • Oplink options unusually active days before Koch deal Wednesday, 19 Nov 2014 | 2:03 PM ET

    NEW YORK, Nov 19- Optical networking device maker Oplink Communications Inc attracted well-timed bets in the options market days before the company said it was being acquired by a Koch Industries unit for $445 million in cash. Oplink's shares were up about 14 percent at $24.18 on Wednesday after it said that Koch Optics Inc would buy it for $24.25 per share.

  • Family Dollar delays special shareholders meeting Wednesday, 19 Nov 2014 | 10:57 AM ET

    MATTHEWS, N.C.— Family Dollar is delaying a special meeting at which shareholders were to vote on its $8.5 billion acquisition by Dollar Tree as regulators determine how many stores might need to be divested for antitrust reasons. Dollar General said in a separate statement that is still committed to acquiring Family Dollar and that it is in talks with the FTC...

  • Nov 19- Canadian grocer Metro Inc reported a higher-than-expected quarterly profit, helped by the reorganization of its Ontario store network and the acquisition of a majority stake in bakery chain Premiere Moisson. The company, which is facing intense competition from U.S. retailers such as Wal-Mart Stores Inc and Target Corp, also said in June it would buy a...

  • *AstraZeneca designates oncology as new growth driver. LONDON, Nov 18- AstraZeneca touted an "industry-leading" line-up of hot new cancer drugs on Tuesday, aiming to show investors it has a strong independent future just days before takeover rules would allow Pfizer to launch a new bid. AstraZeneca, which saw off a $118 billion approach from Pfizer in May, is his...

  • GrooveBook's promising future     Tuesday, 18 Nov 2014 | 7:46 AM ET

    Brian Whiteman, GrooveBook founder; discusses how he got the idea to start his photobook company. And Jeffrey Housenbold, Shutterfly president & CEO, shares his outlook for GrooveBook.