Benzinga's M&A Chatter for Thursday March 21, 2013

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday March 21, 2013:
KKR, TPG Reportedly to Bid for BMC SoftwareThe Rumor
:

Shares of BMC Software
BMC
surged higher Thursday on a report from
Reuters
that KKR
KKR
and TPG Capital have formed a consortium to take the company private in a deal that could be worth $6 billion. Jefferies' Aaron Schwartz said Thursday an LBO could be worth $54 per share. Bloomberg reported on March 5, that the two PE firms were possibly interested in a deal for BMC. Shareholder Elliott Management has been pressuring BMC to make a deal. A spokesperson for KKR declined comment on the report. Spokespersons for BMC and TPG were not available for comment. BMC Software closed at $45.48 Thursday, a gain of more than 3% on 4 times average volume.
T-Mobile USA, MetroPCS Receive All Required Regulatory Approvals for Merger
The Approvals
:

Deutsche Telekom AG
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DTEGY
, T-Mobile USA and MetroPCS Communications
PCS
announced Thursday that they have now received all regulatory approvals in connection with the proposed combination of T-Mobile USA, a wholly-owned subsidiary of Deutsche Telekom, and MetroPCS. A Special Meeting of MetroPCS stockholders to vote on matters relating to the proposed combination of MetroPCS with T-Mobile has been scheduled for April 12, 2013. MetroPCS stockholders of record as of the close of business on March 11, 2013 are entitled to vote at the Special Meeting. The combination is expected to close shortly after the Special Meeting. MetroPCS Communications closed at $10.48 Thursday, a loss of $0.09 on lower than average volume.
CB&I Acquires E-Gas from Phillips 66The Deal
:

CB&I
CBI
announced Thursday it has entered into an agreement with Phillips 66
PSX
to acquire the company's E-Gas Technology business. The E-Gas solids gasification technology is a commercially proven process to convert coal or petroleum coke into syngas, which can be used for power generation or further converted to substitute natural gas, hydrogen and downstream methanol-related chemicals production. CB&I closed at $57.30 Thursday, a loss of 1.7% on average volume.
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