4 Merger and Acquisitions Stock Stories For Monday Due Diligence

DIRECTV (NASDAQ:DTV): Current price $61.32

A knowledgeable source said Friday that the satellite operator DIRECTV, alongside two other bidders have offered in excess of $1 billion apiece for Hulu, which makes it more likely that the owners News Corp and The Walt Disney Company will be able to divest the video streaming service they were unable to unload in 2011. Hulu board members are being advised by Guggenheim Partners on the auction, and entertained a minimum of seven buyout offers last week, according to the source, who added that the figure will be trimmed down in the next two or three weeks.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

dtv

France Telecom (NYSE:FTE): Current price $9.88

Global investment firm The Gores Group and France Telecom-Orange announced Monday that the former has finalized the purchase of Etrali, Orange Business Services Trading Solutions, which is a subsidiary of France Telecom Orange. Subsequent to the acquisition, the firm will be rebranded as Etrali Trading Solutions. Etrali is headquartered in Paris, and is a top supplier of voice and electronic trading infrastructure and services for the trading communities.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

fte

HEICO Corporation (NYSE:HEI): Current price $51.43

On Monday, HEICO said that its Flight Support Group concluded its planned purchase of Reinhold Industries from certain affiliates of The Jordan Company. HEICO anticipates that the purchase should be accretive to its earnings per share in the first twelve months following the close, and that Reinhold’s management is staying with the firm in their prior positions and that no employee turnover is expected due to the acquisition. Reinhold will continue to operate under the Reinhold name in its current locations.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

hei

Mid America Apartment Communities (NYSE: MAA): Current price $65.69

MAA and Colonial Properties Trust (NYSE:CLP) announced Monday that they have reached a definitive merger agreement through which MAA and Colonial Properties Trust will merge, forming a publicly traded, multifamily real estate investment trust having enhanced capabilities to provide superior value for residents, shareholders and employees.  The combined entity should have a pro-forma equity market capitalization of roughly $5.1 billion, and a total market capitalization at $8.6 billion.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

maa

Don’t Miss: Plans for AMR-US Airways Merger Flying on Schedule.

More Articles About:   , , ,  

More from The Cheat Sheet