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Resideo's $1.4B Purchase Of Snap One Is A 'Strong Strategic Fit': JPMorgan Sees 35% Upside

Benzinga

Resideo Technologies Inc ‘s (NYSE: REZI ) recent acquisition of Snap One Holdings Corp (NASDAQ: SNPO ) has sparked investor interest. On Monday, Snap One announced it will be acquired by Resideo Technologies for $1.4 We covered the news first here: Why Is Snap One Stock Jumping Premarket Monday? billion in cash.

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Why Is Snap One Stock Jumping Premarket Monday?

Benzinga

Snap One Holdings Corp. NASDAQ: SNPO ) shares are jumping premarket today after the company inked a definitive deal to be acquired by Resideo Technologies, Inc. represents a 32% premium to Snap One’s closing shares price on April 12, 2024. NYSE: REZI ) for around $1.4 billion, including net debt.

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Taxation With Representation: Kirkland, Cleary, O'Melveny

Law 360 M&A

In this week's Taxation With Representation, Resideo Technologies Inc. announced plans to buy Snap One Holdings Corp., APi Group said it bought an elevator maintenance company, Prysmian said it agreed to purchase Encore Wire, and Sayari said it closed on an investment from TPG.

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UiPath Acquires This AI Startup For Undisclosed Sum

Benzinga

Software automation company UiPath, Inc (NYSE: PATH ) snapped up artificial intelligence startup Re:infer Ltd. The financial terms of the transaction remain undisclosed. Re:infer was founded in 2015 by Ph.D. scientists from the AI research lab at University College London.

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Why Is ANSYS Stock Trading Lower Tuesday?

Benzinga

Synopsys, Inc (NASDAQ: SNPS ) agreed to snap ANSYS, Inc (NASDAQ: ANSS ), sending the stock price of the target company trading lower Tuesday. Under the deal, Ansys shareholders will receive $197.00

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Digital Media Solutions Stock Slides As Prism Withdraws Takeover Offer; Knocks Off 14% Workforce

Benzinga

Digital Media Solutions, Inc's (NYSE: DMS ) Board completed its review to evaluate potential strategic alternatives to maximize shareholder value. The Board has unanimously determined to continue executing the company's strategic plan as an independent, public company. 8 proposal to snap the company at.

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Why SurveyMonkey Parent Momentive Global Shares Are Trading Higher Today?

Benzinga

A consortium led by Symphony Technology Group agreed to snap SurveyMonkey parent Momentive Global Inc (NASDAQ: MNTV ) in a transaction worth $1.5 per share, representing a premium of 46% to the company's closing stock price on the day before media rumors regarding Full story available on Benzinga.com