Pacific Crest Downgrades ARM Holdings (ARMH) to Sector Weight
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July 21, 2016 6:22 AM EDT
Bernstein upgraded ARM Holdings (NASDAQ: ARMH) from Underperform to Market Perform after the company agreed to be acquired by SoftBank.
The firm sees little risk of the deal breaking.
For an analyst ratings summary and ratings history on ARM Holdings... More
July 19, 2016 7:32 AM EDT
Raymond James downgraded ARM Holdings (NASDAQ: ARMH) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on ARM Holdings click here. For more ratings news on ARM Holdings click here.
Shares of ARM Holdings closed at $66.17 yesterday.
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July 18, 2016 10:40 AM EDT
William Blair downgraded ARM Holdings (NASDAQ: ARMH) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on ARM Holdings click here. For more ratings news on ARM Holdings click here.
Shares of ARM Holdings closed at $47.08 yesterday.
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July 18, 2016 9:34 AM EDT
Credit Suisse downgraded ARM Holdings (NASDAQ: ARMH) from Outperform to Neutral after the company received a takeover bid from SoftBank.
For an analyst ratings summary and ratings history on ARM Holdings click here. For more ratings news on ARM Holdings click here.
Shares of ARM Holdings closed at $47.08 yesterday.
...
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July 18, 2016 6:01 AM EDT
SoftBank (OTC: SFTBY) has agreed to acquire ARM Holdings plc (NASDAQ: ARMH) for 1,700 pence per ARM Share, a 43% premium to Friday's close. The consideration values the entire existing issued and to be issued share capital of ARM at approximately £24.3 billion, or approximately US $32.15 billion.
Summary
The boards of directors of SoftBank Group Corp. (SoftBank) and ARM Holdings plc (ARM) are pleased to announce that they have reached agreement on the terms of a recommended all cash acquisition of the...
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