Benzinga's M&A Chatter for Wednesday October 2, 2013

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday October 2, 2013:

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Shares of BlackBerry

spiked higher Wednesday on a report from

that Cerberus has an interest in the Canadian handset maker and is ready to sign a confidentiality agreement. BlackBerry announced on September 23 that it had entered into a letter of intent with a group led by Fairfax Capital to acquire the company at $9 per share. A Cerberus spokesperson declined comment on the report. BlackBerry closed at $7.96 Wednesday, a gain of $0.04 on twice average volume.

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Shares of Aeropostale

spiked higher Wednesday morning on a report from

that PE firm Sycamore Partners was looking to takeover the teen apparel retailer, according to sources. Sycamore acquired women's apparel retailer Talbots

in 2012. Aeropostale closed at $9.65 Wednesday, a gain of 1% on higher than average volume.

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An amended 13-D filing Wednesday included a letter from MTR Gaming

shareholder Jeffrey Jacobs that included a letter included an offer for the company with an implied price per share of $5.69. Jacobs stated in the letter that his proposal is " more attractive for MTR shareholders than the existing Agreement and Plan of Merger between MTR Gaming Group, Inc. and Eldorado Holdco, LLC and constitutes a “Superior Proposal” under Section 5.4 of that Agreement." On September 9, Eldorado agreed to pay $5.15 per share for up to 5.8M shares of MTR. MTR Gaming closed at $4.71 Wednesday, a loss of $0.02.