- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Realty Income Corporation (NYSE:O) will acquire American Realty Capital Trust, Inc. (ARCT) in a stock transaction that is currently valued at $2.95 billion. The latter’s stockholders will receive 0.2874 Realty Income shares for each share they own, which are at $12.21 based on Wednesday’s close.
Don’t Miss: Facebook: Is the Worse Behind Them?
Gannett Co., Inc. (NYSE:GCI) grabs the mobile applications producer Mobestream Media for an unreported sum. The purchase will help Gannett move into the mobile coupon market and also follows up on the acquisition of a Facebook ad firm in August.
Facebook’s (NASDAQ:FB) almost fabled acquisition of Instagram is now officially closed and the transaction’s value is worth $736 million as of Thursday. This news accompanies Instagram’s announcement that 5 billion photos have been shared through its platform. The ball is in Facebook’s court now, which hosts over 140 billion photos, to maintain Instagram as a standalone service. However, observers opine that it might look for ways to integrate it with solutions such as Open Graph and its Camera application.
Don’t Miss: Ford and GM Both SURGE in US and China.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.