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Synchronoss shares rise on acquisition speculation
Shares of Synchronoss Technologies (SNCR) rose almost 17% Wednesday afternoon after The Wall Street Journal reported that the cloud-computing service provider could be an acquisition target. Several...
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$1 trillion deal(s)
Monty Hall, longtime host of “Let’s Make a Deal”. — DATE TAKEN: recv’d 2001 Game Show Network HO – handout ORG XMIT: PX54790 This year has been a big deal — literally — in Corporate America. In just...
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GE shares rise on Alstom approvals
This June 24, 2014 file photo shows General Electric Chairman and CEO Jeffrey Immelt in front of a GE logo in Belfort, France. Sebastien Bozon – AFP/Getty Images Shares of General Electric (GE) closed...
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Envivio shares double after a deal to be bought by Ericsson
Shares of Envivio more than doubled Thursday after Ericsson agreed to buy the telecom software company for $125 million. Envivio shareholders will receive $4.10 a share in cash. Shares were up 114%,...
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U.S. bankers grab larger share of shrinking pie
Investment banking may be suffering, but American bankers less so. The world’s investment bankers — who make money putting together mergers, large stock sales and other fundraising activities for...
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PMC-Sierra surges after $2B bid from Skyworks
Shares of chipmaker PMC-Sierra rose 33% Tuesday after it agreed to be acquired by Skyworks Solutions. In a deal announced Monday afternoon, Skyworks agreed to pay $10.50 per PMC-Sierra share in cash,...
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Polycom rises 17% after shareholder proposes merger with competitor
Shares of Polycom surged 17% Thursday after Elliott Management, a hedge fund with a 6.6% stake in the teleconference product maker, suggested that a merger with a competitor, Mitel Networks, would...
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PMC-Sierra shares surge after Microsemi submits competing bid
Shares of PMC-Sierra rose 14% Monday after the chip-maker received a $2.2 billion acquisition bid from Microsemi Corp. that trumps an earlier offer from another competitor. Microsemi, a chip-maker...
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Hotel, Travel booking stocks fail to get bounce after Marriott deal
Marriott is buying Starwood, creating what will be the largest hotel company in the world Though Starwood investors are expected to get a nice premium in the wake of the company’s merger with Marriott,...
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Bridgestone matches Icahn's bid for Pep Boys with $863M offer
Customer leaves a Pep Boys – Manny, Moe & Jack auto parts store in Hayward, Calif. (AP Photo/Paul Sakuma) Bridgestone Retail Operations, a subsidiary of Japanese tire maker Bridgestone, has raised...
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