M and A Navigator: Deal pipeline -14 September.

M2 EQUITYBITES-September 14, 2016-M and A Navigator: Deal pipeline -14 September

(C)2016 M2 COMMUNICATIONS http://www.m2.com

The following is a list of deals covered in detail by M and A Navigator this week:

-US LEGAL SUPPORT CLOSES ACQUISITION OF MICHIGAN COURT REPORTING FIRM BIENENSTOCK

US-based litigation support services company US Legal Support Inc. has closed the acquisition of Michigan, US-based court reporting agency Bienenstock Nationwide Court Reporting and Video, the company said.

Bienenstock Nationwide Court Reporting and Video has been serving the legal community for over twenty years, specialising in court reporting, legal video, trial presentation, videoconferencing and litigation support.

Status: Closed

-US PAYMENT PROCESSORS APPLIED MERCHANT SYSTEMS, BLUESQUARE RESOLUTIONS CLOSE MERGER

US-based merchant payment processor Applied Merchant Systems has completed a merger with US-based BlueSquare Resolutions, the company said.

BlueSquare's founder, Sabin Burrell, has become a significant shareholder and senior executive of AMS, while also continuing to serve as CEO of BlueSquare. AMS completed the deal after expanding its senior credit facility with Goldman Sachs Specialty Lending Group.

Status: Closed

-ROCKWELL AUTOMATION ACQUIRES SOFTWARE FIRM ACP

US-based industrial automation and information company Rockwell Automation (NYSE: ROK) has acquired centralised thin client, remote desktop and server management software provider Automation Control Products, the company said.

ACP's two core products, ThinManager and Relevance, provide manufacturing and industrial leaders with visual display and software solutions to manage information and streamline workflows for a more connected manufacturing environment.

Status: Closed

-CANADA'S VERSABANK TO MERGE WITH LARGEST SHAREHOLDER, PWC CAPITAL

Canadian financial services firm VersaBank (TSX: VB) and PWC Capital Inc. (TSX: PWC) have entered into an agreement to merge by means of an amalgamation, the firm said.

PWC Capital is a holding company that currently owns approximately 62.8% of VB's issued common shares. After the amalgamation, which is subject to regulatory and other approvals, the combined entity will continue to be named VersaBank.

Status: Agreed

-DIABETES MANAGEMENT COMPANIES GLOOKO, DIASEND CLOSE MERGER

US-based diabetes management company Glooko and Sweden-based Diasend have merged, the companies said.

As a combined entity, the new company now serves 4,000 diabetes clinics in 23 countries across 15 languages. The joint platform downloads data from more than 160 different devices including glucose meters, insulin pumps, continuous glucose monitors and activity trackers, in total covering over 95% of diabetes devices used worldwide.

Status: Closed

-E-COMMERCE CHINA DANGDANG WINS SHAREHOLDER NOD FOR USD 556M "GOING PRIVATE" TRANSACTION

Shareholders of Chinese business-to-consumer e-commerce company E-Commerce China Dangdang Inc. (NYSE: DANG) have approved the company's definitive agreement and plan of merger with Dangdang Holding Co Ltd. and its Dangdang Merger Co Ltd. subsidiary, the company said.

Under the deal, Dangdang Holding will acquire the company for cash consideration of USD 1.34per class A common share or class B common share of the company or USD 6.70 per American depositary share of the company, each ADS representing five class A Shares of the company, in a transaction valuing the company at approximately USD 556m on a fully diluted basis.

Status: Agreed

-AGRICULTURAL REITS FARMLAND PARTNERS, AMERICAN FARMLAND TO MERGE

US-based agricultural REITs Farmland Partners Inc. (NYSE: FPI) and American Farmland Company (NYSE MKT: AFCO) have entered into a definitive agreement under which FPI has agreed to acquire all of the outstanding common stock of AFCO in a stock-for-stock transaction, the companies said.

Once combine, former FPI equity holders will hold about 65% of combined company's equity, while former AFCO equity holders will hold about 35%. The combined company will be the largest public farmland REIT in the nation spanning more than 133,000 acres across 16 states, along both Coasts, the Midwest, the Plains and the Delta.

Status: Agreed

-BAYOU CITY ENERGY BUYS PREFERRED STOCK IN OIL AND GAS INVESTOR HIGH MESA

US-based private equity firm Bayou City Energy's BCE-MESA Holdings LLC affiliate has completed the purchase of preferred stock in US-based oil and gas investor High Mesa, Inc., the company said.

High Mesa is a privately held Delaware corporation, of which the common stock is owned by management of High Mesa, and the preferred stock is owned by BCE-MESA and HPS Investment Partners, LLC. High Mesa has interests in oil and gas assets, most notably Alta Mesa Holdings, LP. BCE-MESA, which is managed by BCE, includes an investment from affiliates of Intervale Capital, a middle-market energy services private equity firm.

Status: Closed

-CELLCOM ISRAEL ALLOWS GOLAN TELECOM A "GO SHOP" PERIOD TO CONSIDER COMPETING OFFERS

Israeli mobile network operator Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) has agreed to allow Israeli mobile network operator Golan Telecom (as an exception to its "no shop" obligation) to conduct negotiations with two third parties (which are not active MNOs), for a possible purchase of Golan Telecom, the company said.

In addition, the company is conducting negotiations with those third parties for a future collaboration. Last November, Cellcom Israel agreed to buy Israeli mobile network operator Golan Telecom Ltd. for the sum of NIS 1.17bn (USD 300m).

Status: Agreed

-OPENTEXT TO ACQUIRE ENTERPRISE CONTENT DIVISION OF DELL EMC FOR USD 1.62BN

Canadian enterprise information management software specialist Open Text Corp. (NASDAQ: OTEX) (TSX: OTC) has entered into a definitive agreement to acquire US-based Dell EMC's Enterprise Content Division, including Documentum, the company said.

The purchase price is USD 1.62bn. ECD offers a suite of enterprise content management solutions, including the Documentum, InfoArchive, and LEAP product product families. Under the terms of the...

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