Benzinga's M&A Chatter for Wednesday September 25, 2013

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday September 25, 2013 Stryker to Acquire MAKO Surgical for $30/Share in Cash The Deal:
MAKO Surgical MAKO announced Wednesday it has agreed to be acquired by Stryker Corporation SYK for $30.00 per share in cash, or a total purchase price of $1.65 billion. The deal is expected to be dilutive to Stryker`s adjusted earnings per share excluding acquisition and integration-related charges by approximately $0.10-$0.12 in the first full year, neutral in year two and accretive thereafter. MAKO Surgical closed at $29.46 Wednesday, a gain of 82%. Reuters Reporting Nokia Could Be Considering a Deal with Alcatel The Rumor:
Shares of Alcatel-Lucent, ALU spiked higher Wednesday on a report from Reuters that Nokia NOK may seek to acquire Alcatel's wireless business or even possibly, the entire company, according to sources. A source said the two companies had held talks previously and may be open to further talks. The former Bell Labs was spun off by AT&T T in 1996 as Lucent Technologies. The stock hit a high of around $86.00 in 2000, before missed earnings estimates and questionable accounting practices sent the stock into a tailspin. Lucent merged with France's Alcatel in 2006. Microsoft MSFT announced on September 2, it would acquire Nokia's devices & services business. Alcatel-Lucent closed at $3.58 Wednesday, and rose another 2% after-hours. Sinclair to Acquire Eight New Age Media TV Stations for $90M The Deal:
Sinclair Broadcast Group SBGI announced Wednesday that it will acquire the broadcast assets of 8 television stations owned by New Age Media for $90 million. The deal is expected to close in late Q4 2013 or Q1 2014, subject to FCC approval. Sinclair Broadcast Group closed at $31.72 Wednesday, a gain of $0.20.