Benzinga's M&A Chatter for Wednesday November 27, 2013

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday November 27, 2013: CVS to Acquire Apria's Coram Infusion Business Unit for $2.1B The Deal:
Apria Healthcare Group announced Wednesday that it has entered into an agreement with CVS Caremark CVS,whereby CVS will acquire all the outstanding shares of Coram for approximately $2.1 billion dollars. The deal is expected to close by the end of Q1 2014. Apria Healthcare is a portfolio company of Blackstone Group BX. CVS Caremark closed Wednesday at $66.76, a gain of 1%. Hearing Unconfirmed Takeover Chatter in USEC The Rumor:
Shares of low enriched uranium supplier USEC USU spiked higher Wednesday on market chatter of a potential bid from Canada's Cameco Corp. CCJ. Spokespersons from neither USEC or Cameco were available for comment. USEC closed Wednesday at $9.12, a gain of 3.5%. Report Charter Arranging $25B in Debt for Time Warner Cable Offer The Rumor:
The Wall Street Journal reported Wednesday that Charter Communications CHTR is arranging $25 billion of debt financing in an attempt to acquire Time Warner Cable. John Malone's Liberty Media LMCA owns 27.3% of Charter. Bloomberg reported last week that Comcast CMCSA may also be pursuing a bid for TWC, either alone or in partnership with Charter. Time Warner Cable closed Wednesday at $136.80, a gain of $0.24. Charter Communications shares fell $1.14, closing at $1
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsRumorsM&AMovers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!