Constellation Software Inc. (T.CSU) hit a new 52-week high of $101.65 Tuesday. Constellation Software Inc. today announced that Trapeze Group, a subsidiary of its wholly-owned division Volaris Group, has purchased Elgeba Geratebau GmbH headquartered in Bad Honnef / Aegidienberg, Germany. Elgeba is a leading European provider of ticketing technology helping to further extend Trapeze's enterprise solution offering for passenger transport.
Valeant Pharmaceuticals International, Inc. (T.VRX) hit a new 52-week high of $58.20 Tuesday. Valeant Pharmaceuticals International, Inc. and Medicis Pharmaceutical Corporation today announced that they have entered into a definitive agreement under which Valeant will acquire all of the outstanding common stock of Medicis for $44.00 per share in cash. The transaction, which values Medicis' common stock at approximately $2.6 billion, was unanimously approved by the Boards of Directors of both companies.
The $44.00 per share price represents a 39% premium to Medicis' closing share price on Friday, August 31, 2012, the last trading day prior to announcement, and a 31% premium to the three-month average trading price. The transaction is expected to close in the first half of 2013.
Great Canadian Gaming Corporation (T.GC) hit a new 52-week high of $10.33 Tuesday. No news announcements today
Franco-Nevada Corporation (T.FNV) hit a new 52-week high of $51.21 Tuesday. No news announcements today
Magellan Aerospace Corporation (T.MAL) hit a new 52-week high of $3.95 Tuesday. No news announcements today
Nordion Inc. (T.NDN) hit a new 52-week high of $10.41 Tuesday. No news announcements today
Morguard Corporation (T.MRC) hit a new 52-week high of $98.49 Tuesday. No news announcements today
CGI Group Inc. (T.GIB.A) hit a new 52-week high of $26.15 Tuesday. No news announcements today
Vecima Networks Inc. (T.VCM) hit a new 52-week high of $4.64 Tuesday. No news announcements today
DeeThree Exploration Ltd. (T.DTX) hit a new 52-week high of $5.56 Tuesday. No news announcements today
