12:30 PM New York – Apple started accepting pre-orders for the iPhone 6s and iPhone 6s Plus. Mylan offered to acquire Perrigo Co for $27 billion. Solera agreed to be acquired by privately held Vista Equity Partners for $6.5 billion.
Tollbooth Index slipped 67.26 or 0.7% to 10,281.79.
) gained 1.3% or $1.51 to $115.71 after the mobile and media devices maker started accepting pre-orders for the new phones, iPhone 6s and iPhone 6s Plus.
The phones will start shipping on September 25.
Aquinox Pharmaceuticals Inc
jumped 5.2% or 90 cents to $18.16 after the clinical stage pharmaceutical company’s shareholder Baker Brothers acquired 2.48 million share at a price of $15.50 each.
The offer was as a part of the previously announced offering of 5.5 million shares.
rose 5 cents to $48.70 after the U.K.-focused pharmaceutical company made formal offer to acquire Ireland-based Perrigo Company Plc for $75 in cash and 2.3 Mylan shares for each share of Perrigo or about $27 billion.
Shareholders of Perrigo will own approx 40% of the combined company and the offer and withdrawal rights will expire on November 13.
Solera Holdings Inc
soared 8.7% or $4.30 to $53.75 after the insurance industry software maker agreed to be acquired by an affiliate of private equity firm Vista Equity Partners for $6.5 billion, a premium of 53% to the closing price on August 3.
The transaction is expected to close in the first-quarter of 2016.
W.W. Grainger, Inc
) slumped 3% or $6.63 to $215.30 after the industrial equipment distributor said sales in August declined 2% in 21 selling days.
Sales in Canada plunged 22% while sales in other businesses jumped 6%.