Benzinga's M&A Chatter for Friday July 19, 2013

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday July 19, 2013:
Report Barry Sternlicht Bid $17-$18/Share for SaksThe Rumor
:

Shares of Saks
SKS
spiked higher late Friday on a report from the
NY Post
that Starwood's
HOT
Barry Sternlicht has bid $17-$18 per share for for the retailer. Hudson's Bay, owner of Lord & Taylor, had made a similar bid. KKR
KKR
and Leonard Green have also been mentioned as potential buyers. Saks closed at $15.89 Friday, a gain of 8% on 3 times average volume.
Hearing Renewed Chatter of Euronet Bid for MoneygramThe Rumor
:

Shares of Moneygram International
MGI
rose Friday on renewed chatter of an offer from Euronet
EEFT
. Carlyle Group
CG
, Bain, TPG, and GTCR have also been mentioned as potential buyers of Moneygram, though
Deal Reporter
reported on July 16 that a potential deal was off. Spokespersons for Moneygram and Euronet were not available for comment. Moneygram International closed at $22.06 Friday, a gain of 6.5% on 3.5 times average volume.
Qihoo 360 Talks to Acquire SogouThe Talks
:
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Shares of Qihoo 360
QIHU
surged higher Friday on a report from
Reuters
that the company the company is in talks with Sohu.com
SOHU
to acquire the Sogou search engine for up to $1.4 billion. A Qihoo 360 spokesperson told
Reuters
talks were still in the preliminary stage. Qihoo 360 closed at $58.34 Friday, a gain of 1.5% on 1.5 times average volume.
Apple Acquires HopStop, LocationaryThe Deals
:

Apple
AAPL
has acquired online transit navigation service View
HopStop
, according to
Bloomberg
and location data startup
Locationary
, according to
AllThingsD
. The acquisitions are an attempt to keep pace with Google
GOOG
Maps and correct the problems associated with the launch of their own Apple Maps. Apple closed at $424.95 Friday, a loss of 1.5% on lower than average volume.
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