Benzinga's M&A Chatter for Wednesday April 10, 2013

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday April 10, 2013:

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Shareholders of Deutsche Telekom

would prefer the company to improve its offer for MetroPCS

, rather than see the deal defeated in a vote by MetroPCS shareholders scheduled for Friday. Four shareholders with a total 12% stake reported this to

on Wednesday.

reported that Deutsche Telekom will raise its bid for MetroPCS. A MetroPCS spokesperson declined comment on the report. A Deutsche Telekom spokesperson was not available for comment. MetroPCS closed at $11.56 Wednesday, a gain of 3% on 3.5 times average volume.

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Shares of Nu Skin Enterprises

rose Wednesday, as Telsey Advisory said the company is evaluating strategic options, which include going private or a Dutch Tender. A spokesperson for Nu Skin was not available for comment. Nu Skin closed at $48.77 Wednesday, a gain of 4% on almost twice average volume.

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Shares of Seagate Technology

rose Wednesday on renewed takeover chatter, according to sources. The company is rumored to have hired an adviser to handle potential offers. A spokesperson for Seagate said the company's Irish domicile requires that they disclose formal discussions and since they have not disclosed anything, the report is speculation. Seagate Technology closed at $37.68 Wednesday, a gain of 2% on lower than average volume.

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Gleacher & Company

announced Wednesday it is engaged in preliminary discussions with a third party regarding a potential business combination.

later reported that Sterne Agee was the company in talks with Gleacher. Gleacher also reported Wednesday, it will exit its MBS & Rates and Credit Products businesses effective immediately. Gleacher closed at $0.71 Wednesday, a gain of 4.5% on 3.5 times average volume.