The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday, October 10, 2017.
More Takeover Rumors Around SeaWorld
The Rumor:
Shares of SeaWorld Entertainment Inc SEAS rose again Tuesday, as Bloomberg reported that Spanish amusement park operator Parques Reunidos is interested in acquiring SeaWorld. The offer is said to be approximately $17.50 per share, the source said.
On Monday, traders circulated chat room chatter of potential bids by Disney DIS and Six Flags SIX.
SeaWorld closed Tuesday at $13.16, down 53 cents.
Express Scripts Acquires eviCore Healthcare for $3.6B
The Deal:
Express Scripts Holding Company ESRX has agreed to acquire the privately-held provider of evidence-based medical benefit management services, eviCore healthcare, for $3.6 billion from General Atlantic, TA Associates, and Ridgemont Equity Partners. The transaction is expected to close in Q4 of 2017, subject to regulatory approvals.
Express Scripts closed at $58.18, down $1.04.
Chatter of Johnson Controls Takeover Interest
The Rumor:
Shares of Johnson Controls JCI rose as high as $41.93 as traders circulated chat room chatter of potential takeover interest. Sources say KKR KKR, Blackstone BX and TPG have proposed a $59.00 per share leverage buyout.
Johnson Controls closed at $41.49, up 91 cents.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.