Smart home security provider Blink said it had agreed to be acquired by Amazon for an undisclosed amount. Blink’s wireless home security cameras and doorbells, which are compatible with Amazon’s Echo, send motion-activated alerts and HD video to users’ smartphones when it detects any unusual activity.
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Aconex (ASX: ACX) announced Monday that it received a $1.56 billion AUD (~$1.2 billion USD), or $7.80 per share, buyout offer from Oracle (NYSE: ORCL). Aconex shares were up 45% following the announcement.
The Walt Disney Company (NYSE: DIS) has announced it has reached a deal to acquire most of the assets of Twenty-First Century Fox (NASDAQ: FOXA) in an all-stock transaction worth about $52.4 billion, or $29.54 per share, based on Fox's closing price on Wednesday. After the assumption of approximately $13.7 billion in debt, the total consideration will be roughly $66.1 billion. Disney will issue approximately 515 million new shares to current Fox shareholders, who will have about a 25% stake in the new company. The transaction is estimated to generate $2 billion in cost savings.
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