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

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

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?


More Articles About:

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

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