2015 Mergers

2015 Mergers

In 2014 we saw many important mergers like: Oracle Corp. acquired Micros Systems ($5.3 billion), Switzerland’s construction materials company merged with Lafarge (also a company from Switzerland), and now they are the biggest cement manufacturer.

In 2015 we will see many merges, some are even bigger that those in 2014 the most expected merge is between Zillow Inc. and Trulia Inc. In December, last year, shareholders voted to approve this merge. This deal in worth $35 billion, and it should be closed in first six months of 2015. Zillow had a yearly gain in 2014 29%, they started year $82 billion and ended at $106 billion. The Zillows market cap is $3.8 billion. Trulia shares in 2014, rose 32% to $46, currently their market cap is $1.5 billion.

Another important, merging is between First NBC Bank Holding Co. and State Investors Bancorp Inc. Last year, in December, NBC Bank holding announced, that they will acquire State Investors Bancorp. The deal should close in the second half of 2015. First NBC Bank Holding Co. is located in New Orleans, share started at price $32 and rose up to $35, at the end of last year. The gain for last year was 10%. The market cap is $632 million.

State Investors is a business transaction firm, with branches in New Orleans. Last year shares started at a price $15 and rose up to $20, the gain was 35%. Their market cap is $47 million. If the deal is achieved, shareholders will receive $21 for every share. The price of this deal is $49 million. An additional $2 million for outstanding State Investors stock options, paid by NBC.
 

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