Benzinga's M&A Chatter for Wednesday August 24, 2016

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday August 24, 2016:

Skullcandy Enters Merger Deal With Mill Road at $6.35/Share in Cash

The New Agreement:
Skullcandy, Inc. SKUL announced Wednesday the termination of the previously announced merger agreement wtij Incipio and entry into a new merger agreement with entities affiliated with Mill Road Capital Management LLC. Under the new agreement, outstanding shares of Skullcandy will be exchanged for $6.35 per share in cash, approximately $196.6 million. The deal is expected to close in Q3 of 2016.

Skullcandy closed Wednesday at $6.10, up 2.49%.

ManpowerGroup Acquires Ciber Norway; Financial Terms Not Disclosed

The Deal:
ManpowerGroup MAN today announced an agreement with Ciber, Inc. CBR to acquire its business in Norway. Financial terms were not disclosed. The deal is expected to close later this month, pending regulatory approval.

ManpowerGroup closed at $63.62 on Wednesday, down $0.01.

TripAdvisor Reports Purchase of Citymaps; Financial Terms Not Disclosed

The Deal:
TripAdvisor TRIP announced Wednesday, that it has acquired social mapping platform Citymaps. Terms were not disclosed.

TripAdvisor closed at $91.54 on Wednesday, up $0.02.