Morning Buzz: Geeknet, Inc. (GKNT), Cerulean Pharma (CERU), Twitter (TWTR), LivePerson (LPSN), IntelliPharmaCeutics (IPCI)
May 26, 2015 at 08:54 AM EDT
Shares of Geeknet, Inc. (GKNT) are higher by nearly 120% to $17.26 in pre-market trading on Tuesday after the web-based specialty retailer announced an agreement under which Hot Topic will acquire all of the outstanding shares of Geeknet, Inc. for $17.50 per share. The transaction has a total equity value of $122 million, including $37 […] View the full post at: Morning Buzz: Geeknet, Inc. (GKNT), Cerulean Pharma (CERU), Twitter (TWTR), LivePerson (LPSN), IntelliPharmaCeutics (IPCI) Related posts: Insider Selling: Twitter (TWTR) CEO Unloads $5M Worth of Stock Japan’s Shionogi To Acquire Sciele Pharma (SCRX) for $1.42 Billion Is Google In Talks to Acquire Twitter ; Two Prominent Blogs Clash Over Source Reliability