The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday, July 14, through Sunday, July 16, 2017.
Washington Cos. in Advanced Talks with Dominion Diamond
Dominion Diamond Corp (NYSE: DDC) is in advanced, friendly talks with the Washington Companies regarding a sweetened cash offer, over and above the current $13.50 bid, according to sources as reported by Reuters on Friday. The talks are centered around working out a price for a deal, which could be announced in the coming weeks, the sources said.
Dominion responded to the reports, reiterating that its Board of Directors had formed a Special Committee to review strategic alternatives focused on maximizing shareholder value and said it has not made any decisions at this time.
Dominion Diamond closed at $13.48, up 72 cents.
H&E Equipment Services …