Navigate this market better. Subscribe for FREE stock alerts and information.

Thursday, May 16, 2013

Deals of the day -- mergers and acquisitions, (NYSE: BX), (NYSE: DDR), (NASDAQ: DISH), (NYSE: S)

The following bids, mergers, acquisitions and disposals were reported by 1010 GMT on Thursday: ** DDR Corp, owner of shopping centers where big-box retailers are located, said on Wednesday it had agreed to purchase from Blackstone Group LP the portion of 30 centers it does not already own for $1.46 billion.** Dish Network Corp has lined up four banks to finance its $25.5 billion bid for Sprint Nextel Corp, escalating the bidding war against Japanese telecom company SoftBank Corp, according to two people familiar with the matter.

The Blackstone Group L.P. (Blackstone) is a United States-based company that is a manager of private capital and provider of financial advisory services. Shares of BX remained unchanged at $22.64. In the past year, the shares have traded as low as $11.13 and as high as $23.30. On average, 5083120 shares of BX exchange hands on a given day and today's volume is recorded at 0.

DDR Corp.(DDR) is a self-administered and self-managed real estate investment trust. Shares of DDR remained unchanged at $19.41. In the past year, the shares have traded as low as $13.29 and as high as $19.41. On average, 2490700 shares of DDR exchange hands on a given day and today's volume is recorded at 0.

DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH remained unchanged at $39.20. In the past year, the shares have traded as low as $26.12 and as high as $40.34. On average, 3176820 shares of DISH exchange hands on a given day and today's volume is recorded at 0.

Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S remained unchanged at $7.25. In the past year, the shares have traded as low as $2.32 and as high as $7.40. On average, 61661900 shares of S exchange hands on a given day and today's volume is recorded at 0.



Source