Wall Street's M&A Chatter From November 14: iRobot, USG-Ceiling Plus, Match Group-Bumble

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday, November 14, 2017.

Traders Circulate Chatter of Potential Softbank Bid for iRobot

The Rumor

SoftBank SFTBY is said to be considering an acquisition of iRobot Corporation IRBT, according to unconfirmed market chatter being circulated by traders on Tuesday. The offer is said to be near $2.8 billion or $101 per share.

iRobot closed Tuesday at $68.79, down $1.30.

USG Acquires Ceiling Plus for $52M Cash

The Deal:

USG Corporation USG announced a definitive agreement to acquire Ceilings Plus for approximately $52 million in cash. The transaction is expected to close by the end of 2017.

USG closed at $32.24, up 15 cents.

TechCrunch Reports Match Group is still in talks to acquire Bumble

The Rumor:

Match Group Inc MTCH is still in talks to acquire Bumble, according to sources as reported by TechCrunch. The valuation is said to be more than $1 billion.

TechCrunch reported in August that Match Group offered $450 million to acquire Bumble. That offer was declined.

Match Group closed at $29.39, up 70 cents.

Posted In: NewsRumorsM&APre-Market Outlook
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