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Norwegian Cruise Line Holdings (NCLH) Leaped After Acquisition

Norwegian Cruise Line Holdings (NCLH) announced Tuesday morning that it has entered into a definitive agreement to acquire Prestige Cruises International Inc. for $3.025 billion in a cash and stock transaction.

Norwegian Cruise Line gapped open sharply higher Tuesday, but was range-bound throughout the session. The stock ended the day with a gain of 3.68 at $36.99, with volume at a 6-month high. Shares leaped to their highest level since late January.

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