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What's Market Public Merger Activity for the Week Ending September 23, 2016
Practical Law Legal Update w-003-5601 (Approx. 2 pages)
What's Market Public Merger Activity for the Week Ending September 23, 2016
by Practical Law Corporate & Securities
| Published on 22 Sep 2016 • USA (National/Federal) |
A list of recently filed public merger agreements as tracked by What's Market. What's Market provides a continuously updated database of public merger agreements that allows you to analyze and compare negotiated terms, including break-up and reverse break-up fees, across multiple deals. What's Market also contains links to the underlying public documents.
Five agreements for US public company acquisitions with a deal value of $100 million or more were filed this past week.
On September 14, 2016, Bayer Aktiengesellschaft agreed to acquire agricultural solutions provider Monsanto Company in an all-cash transaction valued at $66 billion.
On September 16, 2016, Vista Equity Partners agreed to acquire network control company Infoblox Inc. in an all-cash tender offer valued at approximately $1.6 billion.
On September 19, 2016, Allergan plc agreed to acquire clinical-stage biopharmaceutical company Tobira Therapeutics, Inc. in an all-cash tender offer valued at $614.57 million, plus up to $1.08 billion in contingent value rights if certain development, regulatory and commercial milestones are completed.
On September 19, 2016, Tessera Technologies, Inc. agreed to acquire audio solutions provider DTS, Inc. in an all-cash transaction valued at approximately $850 million.
On September 22, 2016, Lennar Corporation agreed to acquire lifestyle community developer and luxury homebuilder WCI Communities, Inc. in a cash-and-stock transaction valued at approximately $643 million at signing (or $809 million enterprise value).
For additional public merger agreement summaries, see What's Market.