(DFG, WSTL, EXEL) CRWENewswire Stocks In Action
ABOUT: Good Morning, It’s Wednesday December 21st, 2011, I’m Christina Collins with CRWENewswire Stocks In Action. According to a definitive agreement between the companies, Tokio Marine Holdings will acquire Delphi Financial Group Inc - DFG - for a total transaction value of approximately $2.7 billion. Westell Technologies Inc - WSTL - has entered into a definitive agreement to sell its subsidiary Conference Plus, Inc. to a subsidiary of Arkadin S.A.S. for approximately $41 million in cash, subject to certain adjustments. and lastly; Exelixis Inc - EXEL - reported that it has granted to Merck an exclusive worldwide license to its PI3K-delta research and development program. Exelixis will receive an upfront payment of $12 million and be eligible for potential development, regulatory and commercial milestone payments, plus royalties. Thank you for joining me and have a great day! For CRWE Newswire, Stocks In Action, I’m Christina Collins
Added on: 21-12-2011 |  Runtime: 1m23s |  Views: 45  |  Comments: 0
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