Benzinga's Top Pre-Market Gainers

Magma Design Automation Inc (NASDAQ: LAVA) shares advanced 25.70% to $7.19 in the pre-market session. Synopsys Inc (NASDAQ: SNPS) agreed to buy Magma Design Automation Inc (NASDAQ: LAVA).

Transcept Pharmaceuticals Inc (NASDAQ: TSPT) shares advanced 24.10% to $8.65 in the pre-market session. Transcept Pharmaceuticals reported that Purdue has exercised its option to commercialize Intermezzo in the United States .

Broadcom Corporation (NASDAQ: BRCM) climbed 7% to $32.47 in the pre-market session. BRCM's PEG ratio is 0.70.

Yahoo! Inc (NASDAQ: YHOO) jumped 4.96% to $16.49 in the pre-market session. Alibaba, Softbank, Blackstone Group and Bain Capital are said to prepare a bid for Yahoo.