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Monday, March 16, 2015

Deals of the day- Mergers and acquisitions, (NMS: ENDP), (TOR: ENL.TO), (NYQ: LTM), (NMS: SLXP), (NYQ: VRX), (TOR: VRX.TO)

The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Monday: ** Gym operator Life Time Fitness Inc said it would be taken private by Leonard Green & Partners and TPG in a deal valued at over $4 billion.** Endo International Plc said it would withdraw its cash-and-stock offer to acquire Salix Pharmaceuticals Ltd after Valeant Pharmaceuticals International Inc increased its bid for the bowel drug maker.

Shares of ENDP traded higher by 2.08% or $1.82/share to $89.15. In the past year, the shares have traded as low as $53.62 and as high as $92.80. On average, 3025840 shares of ENDP exchange hands on a given day and today's volume is recorded at 1582533.

Shares of ENL fell by 0.81% or $-0.92/share to $112.00. In the past year, the shares have traded as low as $59.50 and as high as $116.00. On average, 903 shares of ENL.TO exchange hands on a given day and today's volume is recorded at 366.

Life Time Fitness, Inc., operates multi-use sports and athletic, professional fitness, family recreation and spa centers in a resort-like environment. Shares of LTM traded higher by 5.19% or $3.49/share to $70.69. In the past year, the shares have traded as low as $38.01 and as high as $70.80. On average, 316752 shares of LTM exchange hands on a given day and today's volume is recorded at 4452490.

Salix Pharmaceuticals, Ltd. is a specialty pharmaceutical company engaged in the prevention and treatment of gastrointestinal (GI) disorders. Shares of SLXP traded higher by 2.0% or $3.38/share to $172.78. In the past year, the shares have traded as low as $86.00 and as high as $172.98. On average, 3091960 shares of SLXP exchange hands on a given day and today's volume is recorded at 6215065.

Valeant Pharmaceuticals International, Inc., formerly Biovail Corporation, is a multinational, specialty pharmaceutical company that develops, manufactures and markets a range of pharmaceutical products. Shares of VRX traded higher by 2.54% or $5.01/share to $202.44. In the past year, the shares have traded as low as $106.00 and as high as $206.84. On average, 3111320 shares of VRX exchange hands on a given day and today's volume is recorded at 1269348.

Valeant Pharmaceuticals International, Inc., formerly Biovail Corporation, is a multinational, specialty pharmaceutical company that develops, manufactures and markets a range of pharmaceutical products. Shares of VRX traded higher by 2.51% or $6.32/share to $258.61. In the past year, the shares have traded as low as $116.01 and as high as $263.91. On average, 417685 shares of VRX.TO exchange hands on a given day and today's volume is recorded at 143018.



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