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Los Angelas, CA -- (SBWIRE) -- 12/31/2012 -- Duff & Phelps Corporation (NYSE:DUF) entered into a definitive merger agreement under which a consortium (the Consortium) comprising controlled affiliates of or funds managed by The Carlyle Group, Stone Point Capital LLC, Pictet & Cie and Edmond de Rothschild Group will acquire the Company for $15.55 per share in cash in a transaction valued at approximately $665.5 million.
Is DUF Showing Any Sign of Buy At The Current Market Price? Find Out Here
Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares climbed 1.98% and closed at $27.33. The 52 week trading range for the company is $13.71 – $28.16. The shares of the company gained 64% in the last one year. The company is engaged in the operations of Internet services and sales of third party anti-virus software in China. It provides Internet and mobile security products in China.
How Should Investors Trade QIHU After The Recent Volatile Moves? Find Out Here
Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) shares increased 5.26% to $1.40. The $575 million convertible debt due in March next year is Suntech's biggest financial pressure. Apart from the $575 million debt due in March, the solar panel maker is burdened with a further 200 million yuan ($32 million) in overdue loans, and there will be another 1.4 billion yuan in debts needing paid within the next six months, according to 163.com.
Is STP Ready To Move Back To New Highs This Year? Find Out Here
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