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Bullish Option Activity In Kate Spade May Suggest A Decent Premium Is Still In The Cards
Wednesday, April 19, 2017 - 7:38am | 403Read More...A seemingly sure-fire M&A play just a few months ago, shares of Kate Spade & Co (NYSE: KATE) have recently been on a sobering drift lower. An April 3 Reuters report suggesting Kate Spade's Board needed more time to negotiate a deal following a low-ball offer from Coach Inc (NYSE: COH)...
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Strength In Crescent Point Due To Report Of An Activist Investor
Friday, February 17, 2017 - 1:58pm | 283Read More...Shares of Crescent Point Energy Corporation Ordinary Shares (NYSE: CPG) spiked higher Friday. Crescent Point, a Canada-based oil and gas exploration, development and production company, was identified by DealReporter as being the target of an unnamed activist investor. As noted by Canada's...
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Here's Every Whole Foods Rumor Of 2016
Friday, December 16, 2016 - 11:16am | 503Read More...Whole Foods Market, Inc. (NASDAQ: WFM) had the rumor mill working overtime the whole of 2016 and the rumors were mostly centered on the M&A front, with the company being touted as a takeover target. Although the stock has seen small bounces around the breakout of each rumor, it is in the red...
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Exclusive: FireEye CEO, CFO Talk Cybersecurity, Politics And Rumors
Wednesday, November 9, 2016 - 2:59pm | 1065Read More...FireEye Inc (NASDAQ: FEYE) is one of the most continually targeted companies of M&A rumors on the Street. The cybersecurity company recently hit an all-time low of $10.87 before beating analyst estimates on earnings and revenue. With shares up 30 percent since reporting Q3 earnings, Benzinga...
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Green Dot Shares Largely Unaffected Following Speculation Of PayPal Interest
Thursday, January 7, 2016 - 12:08pm | 111Read More...Shares of Green Dot Corporation (NYSE: GDOT) were trading lower by 0.12 percent at $16.01 late Thursday morning despite the company being named as a potential acquisition target. DealReporter reported that Green Dot, a provider of re-loadable prepaid debit cards and cash reload services, could...
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Report: Apple Could Buy GoPro
Thursday, January 7, 2016 - 11:59am | 477Read More...Shares of GoPro Inc (NASDAQ: GPRO) spiked to an intra-day high of $18.41 after a rumor hit newswires that Apple Inc. (NASDAQ: AAPL) could take over the company. DealReporter rarely adds much color to their calls, so take this news for what it's worth. However, FBR's Dan Ives thinks this...
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Avon Products Spikes 20% On Take-Out Rumors
Thursday, January 22, 2015 - 4:31pm | 118Read More...Shares of Avon Products, Inc. (NYSE: AVP) soared approximately 20 percent Thursday afternoon amid rumors of a takeover by TPG Capital, L.P. According to dealReporter, three industry sources have indicated that Avon is in talks with TPG about a potential transaction. B. Riley & Co. analyst...
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HomeAway Spikes Following Acquisition Rumor
Monday, December 1, 2014 - 4:19pm | 143Read More...Shares of HomeAway, Inc. (NASDAQ: AWAY) spiked mid-day on Monday following a rumor that dealReporter indicated the company may be acquired by Expedia Inc (NASDAQ: EXPE). The price movement appears to have started amid tweets such as: AWAY FT Dealreporter - Expedia may be looking to acquire...
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PetSmart Shares Jump Amid Bidding Rumors
Monday, November 17, 2014 - 5:27pm | 116Read More...PetSmart, Inc (NASDAQ: PETM) moved higher Monday amid bidding rumors. DealReporter noted that possible suitors are currently setting up financing, which prompted the stock to jump more than 1 percent. Sources told DealReporter that bidders are expected to bring proposals around Thanksgiving and...
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EPIQ Systems Reportedly Received Initial Look From Private Equity Firm
Thursday, October 23, 2014 - 11:29am | 120Read More...EPIQ Systems, Inc. (NASDAQ: EPIQ) has received an initial look from a private equity firm, according to dealReporter. EPIQ Systems stated on September 18 that is its exploring strategic and financial alternatives. The company then rejected a $20 per share bid by P2 Capital, a 16.9 percent...
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Riverbed Technology Spikes On Reported Start Of 'Sales Process'
Wednesday, October 22, 2014 - 2:23pm | 206Read More...Riverbed Technology, Inc. (NASDAQ: RVBD) spiked Wednesday after a website said the company is seeking suitors. The company is expected to start a sale process and contact potential buyers next week, according to an item said to be published by dealReporter. Riverbed said on October 9...
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Lumos Networks Corp In Play Following Takeover Rumors
Monday, September 29, 2014 - 3:51pm | 125Read More...Shares of Lumos Networks Corp (NASDAQ: LMOS) experienced a sharp rise in share price Monday afternoon following takeover comments from Dealreporter stating, “Lumos said to begin sale process.” Beginning around 1:00 p.m. EDT, shares of Lumos Networks quickly rose to a high of $15.25...
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Shutterfly Moves On Buyout Rumor
Wednesday, July 30, 2014 - 1:16pm | 123Read More...Shutterfly (NASDAQ: SFLY) is moving higher Wednesday following word of a dealReporter rumor of a potential buyout from the likes of Yahoo, Microsoft and Apple. Shutterfly was previously mentioned to have received helped from Qatalyst Partners to assist in a sale of the company...
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Symantec Spikes Higher On Takeover Chatter
Thursday, July 10, 2014 - 3:46pm | 60Read More...Symantec (NASDAQ: SYMC) spiked slightly after dealReporter again mentioned it as a potential takeover target. Earlier this year, it was rumored that Silver Lake may be interested making a move to buy the company. Shares are currently changing hands at $22.96, up 1.46 percent.
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Rackspace Down 7% On Rumor It Can't Find Buyer
Friday, June 27, 2014 - 3:49pm | 206Read More...Rackspace Hosting (NYSE: RAX) shares plunged on a report that IBM (NYSE: IBM) will pass on the chance to acquire the company. Rackspace hired an investment banker to explore strategic options in May, and speculation has been high that IBM would cough up the price. But dealreporter.com...
