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

Wednesday, January 21, 2015

Deals of the day- Mergers and acquisitions, (NYSE: LFC), (NYSE: NSP)

The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Wednesday: ** Activist investor Starboard Value LP urged human resource services provider Insperity Inc to explore a potential sale, calling the company deeply undervalued.** Mexican billionaire Carlos Slim has slightly increased his personal stake in America Movil, the massive telecommunications company he controls, filings from the U.S. Securities and Exchange Commission showed on Tuesday.** China's Alibaba Group Holding Ltd, the world's biggest e-commerce company, is planning to purchase shares in the state-run New China Life Insurance Co Ltd, Shanghai Securities News said on Wednesday, citing unnamed sources.

China Life Insurance Company Limited is a China-based life insurance company. Shares of LFC fell by 1.58% or $-0.96/share to $59.82. In the past year, the shares have traded as low as $38.30 and as high as $61.19. On average, 236911 shares of LFC exchange hands on a given day and today's volume is recorded at 364010.

Insperity, Inc., formerly Administaff, Inc., is a provider of human resources (HR) and business performance solutions. Shares of NSP traded higher by 0.55% or $0.2/share to $36.34. In the past year, the shares have traded as low as $26.85 and as high as $36.45. On average, 154269 shares of NSP exchange hands on a given day and today's volume is recorded at 130187.



Source