Benzinga's M&A Chatter for Thursday December 12, 2013
The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday December 12, 2013
AIG Reportedly in Sale Talks with AerCap on ILFC Jet-Leasing Unit
A spokesperson for AIG declined comment on the rumor. An AerCap spokesperson was not available for comment.
AIG closed Thursday at $49.42, a gain of 1.5%.
Malone, Charter Still Interested in Time Warner Cable; Deal at $150-$160 Not Likely
CNBC's David Faber reported Thursday that Liberty Global's (NASDAQ: LBTYA) John Malone and Charter Communications (NASDAQ: CHTR) are still interested in a deal to acquire Time Warner Cable (NYSE: TWC), though a deal at $150-$160 seems to have been 'shot down'.
Charter, Comcast (NASDAQ: CMCSA) and Cox have all reportedly considered bids for Time Warner Cable.
Meanwhile, on Thursday, Dutch cable and telephone company Ziggo (OTC: ZIGGF) announced it is in talks with Liberty Global regarding a potential deal.
Time Warner Cable closed Thursday at $131.06, a loss of $0.44.
Men's Wearhouse Believes its Offer for Jos A Bank Offer is Compelling
The CEO Comments:
Men's Wearhouse (NYSE: MW) CEO Doug Ewert said, during the company's earnings call Thursday, that he believed his company's $55.00 per share offer for Jos. A. Bank (NASDAQ: JOSB) was "compelling and would deliver substantial benefits to both companies." Ewert said he was ready to work with Jos. A. Bank's board of directors.
Men's Wearhouse made the $55.00 per share offer to Jos. A. Bank on November 26, after rejecting a Jos. A. Bank bid of $48.00 per share.
Men's Wearhouse closed Thursday at $51.91, a gain of almost 3%, while Jos. A. Bank closed at $56.62, a gain of $0.12.
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