The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday, May 22, 2017.
Nutraceutical to be Acquired by HGGC for $41.80/Share in Cash
Nutraceutical Int'l Corp. (NASDAQ: NUTR) and HGGC announced...
BEIJING (dpa-AFX) - Changyou.com Ltd. (CYOU) reported earnings for fourth
quarter that declined from last year.
The company said its earnings totaled $40.07 million, or $0.75 per share. This
was down from $46.00 million, or $0.85 per share, in...
Changyou.com (NASDAQ:CYOU) was the online gaming subsidiary of Sohu.com until 23 April 2009 when it went public on the NASDAQ, selling 7.5 million shares at $16.00 per share to raise $120 million in capital.
Because Sohu owns a majority of Changyou (81% of voting rights), Changyou's results are consolidated on Sohu's financial statements.