The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday, October 11, 2017.
Merlin Entertainment Says it is Not in Talks to Acquire Seaworld
Merlin Entertainments isn’t talking to SeaWorld Entertainment Inc SEAS regarding, according to a statement received by Bloomberg. The owner of Legoland theme parks said, “We can confirm that Merlin is not involved in any discussions that might lead to an acquisition of SeaWorld or any of its constituent parts.”
SeaWorld closed Wednesday at $13.68, up 51 cents.
T-Mobile, Sprint Deal Likely to be Opposed by DoJ
Reuters reported that the Department of Justice antitrust review staff will likely recommend that T-Mobile US Inc TMUS–Sprint S merger be blocked, according to sources. The deal is likely to be announced this month and the DoJ is concerned that a merger would lessen competition and change how T-Mobile currently pursues AT&T T and Verizon VZ customers, the sources said.
T-Mobile closed at $61.18, down 5 cents. Sprint closed at $7.19, up 5 cents.
Akamai to Acquire Nominum
Akamai Technologies, Inc. AKAM announced an agreement to acquire Nominum in an all-cash transaction. The deal is expected to close later this quarter.
Financial details were not disclosed.
Akamai closed at $50.52, down 51 cents.