Mid-Day Market Movers (SLRY, SRZ, AMPH, PTSX)

Salary.com SLRY jumped 42.31% to $4.07 at 10:27 am. Kenexa Corp KNXA has agreed to buy SLRY for about $80 million or $4.07 per share, representing a 42% premium to SLRY’s closing price on Tuesday. Sunrise Senior Living Inc SRZ climbed 32.13% to $2.92. HCP Inc HCP has reached a $50 million deal with SRZ for terminating the 27 contracts managed by SRZ. American Physicians Service Group Inc AMPH shares advanced 22.13% to $32.12. ProAssurance Corp PRA has announced to acquire AMPH for about $233 million or $32.50 per share, representing a 24% premium to AMPH’s closing price on Tuesday. Point.360 PTSX shares surged 19.20% to $1.49. PTSX’s trailing-twelve-month gross margin is 27.18%. Read more from Benzinga's Company news.