Benzinga's Weekly M&A Chatter

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday September 20 through Sunday September 22, 2013 BASF to Acquire Verenium for $4.00/Share in Cash The Deal:
BASF BASFY announced Friday that its U.S. affiliate, BASF Corporation, has agreed to commence a cash tender offer for all the outstanding shares of Verenium Corporation VRNM for $4.00 per share in cash. The deal is expected to close in Q4 2013. Biomarin shares traded over $86 in the pre-market and closed at $78.39, a gain of just over 1%. Hearing Analyst Says Glu Mobile Could be Acquired at $7-$8/Share The Analyst Comment:
Shares of Glu Mobile GLUU spiked higher early Friday, reportedly on comments from Dougherty that the company could be a potential takeover target at a price of $7.00 to $8.00 per share. A Glu Mobile spokesperson was not available for comment. Glu Mobile closed at $2.42 Friday, a gain of 3% on more than twice average volume. Report Mitsubishi Interested in Zoltek The Rumor:
Shares of Zoltek ZOLT rose 8% Friday on a report from St. Louis Business Journal that Mitsubishi may be planning to acquire the carbon fiber manufacturer. The Journal cited the registration of a new Delaware corporation, MHI Wind Power Americas Inc., as a possible prelude to a deal. A Zoltek spokesperson was not available for comment Zoltek closed at $15.77 Friday, with volume at 4 times the daily average.