The merger terms represent around an 18.9 percent premium to Worldpay's
closing share price in London on July 3, a day before the payments firm announced that it had been approached for an acquisition separately by both Vantiv and JPMorgan Chase.
Not exact matches
This financial picture, combined with the labour strife, has forced its
share price below 90 cents, down from $ 1.10
in January and a tiny fraction of its value five years ago, when it traded at
close to $ 20.
Sanofi said on Monday it would pay 45 euros per
share in cash for Ablynx, a premium of 21.2 percent over its
closing price on Friday - and more than double the
price before Novo went public with its initial offer.
Yes, Square,
priced at $ 9 a
share in November, well below the $ 15.46 a
share at which it last raised money from private investors, then traded as high as $ 13.50 before the
close of 2015.
Shareholders approved the sale, which paid them $ 13.65
in cash for each
share of common stock, a 37 % premium over the recent average
closing price.
The acquisition, expected to
close in the first quarter of 2016, values Broadcom at $ 54.50 per
share in cash — well higher than Broadcom's $ 47.06 per
share closing price on Tuesday, but below Wednesday's media - fueled
closing price of $ 57.16.
Frankly, I don't think they are represented
in the Canaccord
share price, but they have been improved quite a bit by Canaccord, and they look to be at, or
close to, the inflection point, when they could add serious value.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions
in the industries and markets
in which United Technologies and Rockwell Collins operate
in the U.S. and globally and any changes therein, including financial market conditions, fluctuations
in commodity
prices, interest rates and foreign currency exchange rates, levels of end market demand
in construction and
in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges
in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies
in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including
in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including
in connection with the proposed acquisition of Rockwell; (7) delays and disruption
in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes
in political conditions
in the U.S. and other countries
in which United Technologies and Rockwell Collins operate, including the effect of changes
in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates
in the near term and beyond; (16) the effect of changes
in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations
in the U.S. and other countries
in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result
in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the
closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including
in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market
price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted
in their operation of their businesses while the merger agreement is
in effect; (21) risks relating to the value of the United Technologies»
shares to be issued
in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Under the deal, PharMerica's shareholders will receive $ 29.25 per
share in cash, representing a 16.8 percent premium to the company's Tuesday
closing price.
The U.S. pharmacy manager's shareholders will receive $ 29.25 per
share in cash, representing a 16.8 percent premium to the company's Tuesday
closing price.
United Technologies will pay $ 140 a
share in cash and stock, an 18 percent premium to Rockwell's
closing price last week before news of the deal broke.
Sanofi said on Monday it would pay 45 euros per
share in cash for Ablynx, a premium of 21.2 % over its
closing price on Friday — and more than double the
price before Novo went public with its initial offer.
The companies deny any improper transfer
pricing and say they are
in Singapore to be
closer to Asian clients, to local expertise and trade routes, as the region accounts for a growing
share of their business.
The all - cash $ 15.25 per
share offer represents a 13 percent premium to Calpine's
closing price on Thursday, and the company's
shares were up 9.7 percent at $ 14.81
in premarket trading on Friday.
The Australian
share market has
closed 1.6 per cent lower, as a sharp drop
in oil
prices pulled back energy stocks, and resources stocks weakened.
Mylan (MYL) will pay $ 205 per
share in cash and stock for the Ireland - based drugmaker, representing a 24.2 % premium over its
closing price Tuesday.
Microsoft Corp., which is
in Redmond, Washington, is paying $ 196 for each
share of LinkedIn Corp., a 50 per cent premium over the stock's
closing price of $ 131.08 on Friday.
Verizon Communications Inc. will pay $ 50
in cash for each
share of AOL Inc., also based
in New York, a 15 percent premium to its
closing price on Monday.
Louisiana - Pacific said it will pay C$ 3.76 per
share for all of the remaining common
shares in the Canadian lumber company, resulting
in an approximate 30 per cent premium over the company's
closing price of C$ 2.89 on Sept. 3.
Abbott's revised offer of $ 51 per
share represents a premium of 20.5 % to Alere's
closing price on Thursday, but is below the earlier $ 56 - per -
share offer announced
in February last year.
The cash - and - stock deal values Andeavor, formerly known as Tesoro, at about $ 152 per
share, a premium of about 24 percent to
closing prices on Friday, driving
shares 14.5 percent higher
in initial premarket trading on Monday.
Apollo said it will pay $ 17.12 per
share in cash for ClubCorp, a 30.7 percent premium over its
closing price on Friday, but less than the 12 - month high of $ 17.50 the
shares reached
in February, on investor expectations that a sale process first reported by Reuters
in January would be successful.
Dai - ichi Life Co., a Japanese life insurance company, has agreed to buy Birmingham, Ala. - basedProtective Life Corp. (NYSE: PL) for $ 5.7 billion, or $ 70 per
share in cash (19 % premium over yesterday's
closing price.
The private - equity firm will pay $ 157 a
share in cash for Buffalo Wild Wings, which is 34 % above the company's
closing stock
price on November 13, the day before Roark's initial bid of $ 150 a
share.
HPE will pay $ 12.50 per
share in cash, representing a net cash purchase
price at
closing of $ 1.0 billion.
Shares in the company gained 20 % on Tuesday to
close at $ 48.80, double the IPO
price.
With stocks
in general still trading so high, investors are best off ignoring the short - term hype around buyback announcements and instead taking a
closer look at companies on repurchasing binges to see if their
share prices have more room to run.
Facebook's stock opened on the public markets at $ 42 per
share, but
in a disastrous twist,
closed its first day back down at its initial $ 38
price.
The deal values Andeavor, formerly known as Tesoro, at about US$ 152 per
share, a premium of about 24 per cent to
closing prices on Friday, driving
shares in the San Antonio - based firm 14 per cent higher
in premarket trading on Monday.
Slim bought the
shares for almost $ 6.36 each, about half of Times Co.'s $ 12.28
closing price, Times Co. said today
in a statement.
The reported high and low, and
closing sales
prices per
share of Company common stock and the cash dividend paid per
share for each quarter during 2007 is shown
in the table below.
With an October 31
closing price of $ 64.56, we tightened the stop on our original
shares to $ 61.95 to lock
in profits
in case of pullback.
The offer values Songa
shares at 47.50 Norwegian crowns each, a 39.7 percent premium over Monday's
closing price, the two companies said
in a joint statement on Tuesday.
Amazon has agreed to pay $ 42 per
share in cash for Whole Foods, a 27 percent premium on its
closing share price on Thursday.
The consortium offered A$ 2.36 a
share in cash for the Sydney - listed company, representing a 16 percent premium to the A$ 2.03
closing price on April 24.
Facebook's gains Tuesday brought the company's
share price to
close above $ 165, a number it has not
closed above
in nearly three weeks.
On Friday, Calpine agreed to be bought for $ 15.25
in cash per
share, representing a 13 percent premium to its
closing price on Thursday.
We provide information below about (1) the circumstances under which the vesting of these options and stock awards would accelerate upon termination of employment or the consummation of an «acquisition transaction» (as defined below) and (2) the hypothetical value each such named executive would have received, if any, upon the vesting of any of these option or stock awards as of that date under those circumstances, assuming each named executive's employment with the Company had terminated or the acquisition had been consummated as of December 31, 2011 and based on an NYSE
closing price per
share of our common stock of $ 27.56 on December 30, 2011, the last trading date
in 2011.
Conversion Rights — All convertible preferred stock will be automatically converted into common stock upon (i) the
closing of an underwritten public offering of
shares of common stock of the Company at a public offering
price per
share that provides at least $ 100 million
in aggregate gross proceeds or (ii) approval of at least (a) holders of 66 % of the Series A convertible preferred stock, voting as a single class on an as - converted basis; (b) holders of a majority of the Series B convertible preferred stock, voting as a single class on an as - converted basis; (c) holders of a majority of the Series D convertible preferred stock, voting as a single class on an as - converted basis; and (d) the holders of at least a majority of the then outstanding
shares of convertible preferred stock (voting together as a single class and not a separate series, and on an as - converted basis).
The GBTC trades like a
closed - end - fund usually at a
price that is substantially different than the value of the underlying asset, and does not possess the ability to create or redeem
shares in the open market.
Conversion of preferred stock occurs automatically and immediately upon the earlier to occur of the
closing of a firm commitment underwritten public offering pursuant to an effective registration statement filed covering the offer and sale of common stock
in which (i) the aggregate public offering
price equals or exceeds $ 25 million, (ii) with respect to the Series F convertible preferred stock only, the public offer
price per
share of which is not less than one times the original issue
price of the Series F convertible preferred stock, (iii) with respect to the Series E convertible preferred stock only, the public offer
price per
share of which is not less than one times the original issue
price of the Series E convertible preferred stock and (iv) with respect to the Series D convertible preferred stock only, the initial public offering
price per
share of which is not less than two times the original
price of preferred stock, or the date specified by holders of at least 60 % of the then outstanding Series B convertible preferred stock, Series C convertible preferred stock, Series D convertible preferred stock, Series E convertible preferred stock, Series F convertible preferred stock and Series G convertible preferred stock, provided however, that
in the event that the holders of at least 65 % of the then outstanding
shares of holders Series G convertible preferred stock, at least a majority of the then outstanding
shares of Series F convertible preferred stock or at least of 65 % of the then outstanding
share of Series E convertible preferred stock do not consent or agree to the conversion, conversion shall not be effective to any
shares of the relevant series of Series G convertible preferred stock, Series F convertible preferred stock or Series E convertible preferred stock for which the approval threshold was not achieved.
The reported high and low and
closing sales
prices per
share of our common stock and the cash dividend paid per
share for each quarter during 2010 is shown
in the table below.
The tender offer
closed in September 2011, and at the
close of the transaction, the Company recorded $ 34.7 million as compensation expense related to the excess of the selling
price per
share of common stock paid to the Company's employees and consultants over the fair value of the tendered
share, and $ 35.8 million as deemed dividends
in relation to excess of the selling
price per
share of common and preferred stock paid to existing investors
in excess of the fair value of the
shares tendered.
In the event of termination of the Merger Agreement under certain circumstances principally related to a failure to obtain required regulatory approvals, the Merger Agreement provides for Facebook to pay WhatsApp a fee of $ 1 billion in cash and to issue to WhatsApp a number of shares of Facebook's Class A common stock equal to $ 1 billion based on the average closing price of the ten trading days preceding such termination dat
In the event of termination of the Merger Agreement under certain circumstances principally related to a failure to obtain required regulatory approvals, the Merger Agreement provides for Facebook to pay WhatsApp a fee of $ 1 billion
in cash and to issue to WhatsApp a number of shares of Facebook's Class A common stock equal to $ 1 billion based on the average closing price of the ten trading days preceding such termination dat
in cash and to issue to WhatsApp a number of
shares of Facebook's Class A common stock equal to $ 1 billion based on the average
closing price of the ten trading days preceding such termination date.
Last week Snap went public
in an explosive IPO with
shares soaring 59 %
in the first two days before a selloff this week that drove the
share price down 21 % through the
close of trading Tuesday.
In addition, upon
closing, Facebook will grant 45,966,444 restricted stock units to WhatsApp employees (worth $ 3 billion based on the average
closing price of the six trading days preceding February 18, 2014 of $ 65.2650 per
share).
The Company has granted the Agents an over-allotment option, exercisable
in whole or
in part, for a period of 30 days following the
closing of the Offering, to purchase up to an additional 4,726,500 Units at $ 3.65 per Unit, 4,726,500 Common
Shares at the
price of $ 3.62 per
Share or 2,363,250 Warrants at the
price of $ 0.06 per Warrant, or any combination thereof.
Subsea 7 has offered McDermott $ 7 per
share, either
in cash or up to 50 percent
in stock, equivalent to a premium of 16 percent over McDermott's
closing share price on April 20 of $ 6.05.
Shares in Eletropaulo
closed at 30.5 reais per
share on April 25, up about 80 percent from the company's undisturbed
price of 17 reais on March 27.
Shares of Shake Shack Inc (NYSE: SHAK) soared
in the weeks following its 2015 IPO, but the stock has since lost all momentum and continues to trade below $ 45.90, which marks the
closing price on its first day of trading.