Notable Mergers and Acquisitions of the Day 02/02: IACI, TRIB, MTXX
Up)- IAC/InterActiveCorp. (Nasdaq: IACI) announced the $50 acquisition of OkCupid. The purchase price includes potential future payments contingent upon performance.
- Trinity Biotech plc (Nasdaq: TRIB) announces the $2.5 million acquisition of Phoenix Biotech Corp.
The key terms of the acquisition are as follows:- Consideration is $2.5m of which $1m has been paid upfront with the remaining $1.5m to be paid over the next 12 months.
- The consideration of $2.5m includes acquired net assets of approximately $0.8 million.
- Consideration is $2.5m of which $1m has been paid upfront with the remaining $1.5m to be paid over the next 12 months.
- Affiliates of H.I.G. Capital, LLC, namely Wonder Holdings, Inc. and Wonder Holdings Acquisition Corp., have increased their offer for Matrixx Initiatives, Inc. (Nasdaq: MTXX).
The companies now offer $8.75 per share in cash, a 9.4% increase from $8.00 per share initially offered.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
You May Also Be Interested In
- Notable 52-Week Highs and Lows of the Day 05/25: (LCC) (RPRX) High; (DCTH) (MXWL) (VIP) Low
- Pre-Open Movers 5/25: (BLOX) (FRO) (QSFT) Higher; (TLB) (ROSG) (DCTH) Lower (more...)
- Notable Analyst Rating Changes 05/24: (PPG) (WPI) (DUK) Upgraded; (BHI) (HGSI) (COG) Downgraded
Create E-mail Alert Related Categories
Special ReportsRelated Entities
Notable Mergers and Acquisitions, Matrixx Initiatives/H.I.G. CapitalSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
