Honeywell Buys Intermec, Sequential Brands Buys Heelys: Merger and Acquisitions Report

In a Monday release, Honeywell International (NYSE:HON) said today that it is purchasing Intermec (NYSE:IN), a top supplier of mobile computing, label and receipt printers, in a $10 per share cash transaction with a total purchase price of about $600 million, subtracting cash and debt acquired.

Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.

Heelys (NASDAQ:HLYS) and Sequential Brands Group (SQBG.OB) reported in a Monday statement that they are merging as of December 7th, after which Sequential will purchase all outstanding shares of Heelys common stock at $2.25 per share in cash or a total of around $63.2 million.

Don’t Miss: Will Honeywell Rise on This Acquisition?


To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Premium Newsletters

Stock Investor Cheat Sheet

Stock Investor Cheat Sheet®

The ultimate Cheat Sheet for finding winning stock picks.
Learn More

Gold & Silver Newsletter

Gold & Silver

Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More

Commodities Premium Newsletter

Commodities Premium

There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more

ETF Investing

ETF Investing

At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business