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 2000 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 traded higher by 1.33% or $0.3/share to $22.94. 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 4807628.

DDR Corp.(DDR) is a self-administered and self-managed real estate investment trust. Shares of DDR fell by 1.18% or $-0.23/share to $19.18. 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 21369512.

DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH fell by 1.3% or $-0.51/share to $38.69. 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 2786881.

Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S traded higher by 0.41% or $0.03/share to $7.28. 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 59534904.



Source