Benzinga's M&A Chatter for Friday May 24, 2013

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday May 24, 2013:
SAP Reportedly Ends Acquisition Talks with Jive SoftwareThe Rumor
:

SAP
SAP
has reportedly ended acquisition talks with Jive Software
JIVE
, according to
Bloomberg
. A source close to the situation indicated SAP never had an interest in acquiring Jive. SAP acquired SAP Jam, an enterprise social network solution, when they purchased SuccessFactors, and a Jive acquisition would have given them a similar platform. Jive Software closed at $16.67 Friday, a gain of 5.5% on 3 times average volume.
Valeant Reportedly Near $9B Acquisition of Bausch & LombThe Rumor
:

Valeant Pharmaceuticals
VRX
is close to a deal to acquire eye-care company Bausch & Lomb for $9 billion, according to the
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Wall Street Journal
. The deal could close in the next week, according to sources. Warburg Pincus recently filed for an IPO of Bausch & Lomb. Spokespersons for Valeant and Bausch & Lomb were unavailable for comment. Valeant Pharmaceuticals closed at $84.47 Friday, a gain of 13% on 6.5 times average volume.
Yahoo Enters Bidding for HuluThe Rumor
:

Yahoo
YHOO
has reportedly entered the bidding process for streaming video site Hulu, according to
Reuters
. On May 20, Yahoo announced a deal to acquire Tumblr for $1.1 billion, and has made several other acquisitions recently. Negotiations for French streaming video web site DailyMotion reportedly had fallen through. Hulu is jointly owned by Disney
DIS
and News Corp
NWSA
. Yahoo closed at $26.33 Friday, a gain of 1% on average volume.
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