Mergers, Acquisitions, and Buyouts Announced on January 23, 2017

Hope Bancorp (HOPE) has agreed to acquire U & I Financial (UNIF.OB) for $48,800,000. The transaction is expected to close by September 30, 2017. More information is available here.

Simmons First National (SFNC) has agreed to acquire First Texas BHC for $462,000,000. The transaction is expected to close by September 30, 2017. More information is available here.

Targa Resources (TRGP) has agreed to acquire Outrigger Delaware Operating; Outrigger Southern Delaware Operating; and Outrigger Midland Operating for $565,000,000. The transaction is expected to close by March 31, 2017. More information is available here.

Time (TIME) has agreed to acquire Adelphic for an undisclosed amount. The transaction is expected to close by March 31, 2017. More information is available here.

Condor Hospitality Trust (CDOR) has agreed to acquire a portfolio of four Home2 Suites hotels for $73,500,000. The transaction is expected to close by March 31, 2017. More information is available here.

PSEG (PEG) acquired two North Carolina solar facilities for $74,600,000. The transaction was completed today. More information is available here.

IBM (IBM) has agreed to acquire Agile 3 Solutions for an undisclosed amount. The transaction is expected to close by March 31, 2017. More information is available here.

Silicon Labs (SLAB) acquired Zentri for an undisclosed amount. The transaction was completed today. More information is available here.

Berkshire Hathaway (BRK-A) acquired Wrightsoft for an undisclosed amount. The transaction was completed today. More information is available here.

Silgan Holdings (SLGN) has agreed to acquire WestRock’s specialty closures and dispensing systems business for $1,025,000,000. The transaction is expected to close by March 31, 2017. More information is available here.

Sprint (S) acquired 33% of TIDAL for an undisclosed amount. The transaction was completed today. More information is available here.

AMC Entertainment Holdings (AMC) has agreed to acquire Nordic Cinema Group for $929,000,000. The transaction is expected to close by June 30, 2017. More information is available here.

Pinnacle Financial Partners (PNFP) has agreed to acquire BNC Bancorp (BNCN) for $1,900,000,000. The transaction is expected to close by September 30, 2017. More information is available here.

Brookfield Property Partners (BPY-UN.TO) has offered to acquire Brookfield Canada Office Properties (BOX-UN.TO) for $475,580,000. A closing date was not provided. More information is available here.

Brookfield Property Partners (BPY) has offered to acquire Brookfield Canada Office Properties (BOXC) for $359,950,000. A closing date was not provided. More information is available here.

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>