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Stock impact report

Deals this week: Qualcomm, Squarespace, Adnoc, General Mills and more [Seeking Alpha]

Squarespace, Inc. Class A (SQSP) 
Company Research Source: Seeking Alpha
In the technology space, Qualcomm ( QCOM ) has reportedly explored the possibility of acquiring portions of Intel's ( INTC ) tab design business to boost the company's product portfolio. Permira increased its buyout offer for Squarespace ( SQSP ) to $46.50 per share in cash, resulting in an aggregate transaction value of approximately $7.2 billion, the companies said on Monday. American Tower ( AMT ) said it has closed the sale of its 100% equity interests in its operations in India to Data Infrastructure Trust. The firm said the total cash proceeds to the company were ~$2.5B. Frontier Communications ( FYBR ) meanwhile edged lower after it was disclosed that private equity owner Cerberus reduced its stake after Verizon ( VZ agreed to buy the telecom firm for almost $10 billion. While educational technology company Instructure ( INST disclosed that the HSR waiting period for its planned $4.8 billion sale to KKR ( KKR ) has expired. The HSR waiting period expired on Monday, acc Show less Read more
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