Benzinga's Weekend M&A Chatter

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday April 11 through Sunday April 13, 2014.
Autonavi to be Acquired by Alibaba at $21/ADS in CashThe Deal
:

AutoNavi Holdings
AMAP
announced Friday that it has agreed to be acquired by an affiliate of Alibaba Group for $5.25 in cash per ordinary share or $21.00 in cash per ADS. The deal is expected to close in Q3 of 2014. Autonavi Holdings closed Friday at $20.65, a gain of 3%.
AMETEK to Acquire Zygo for $19.25/ShareThe Deal
:

Ametek
AME
and Zygo Corporation
ZIGO
announced Friday that they have entered into a definitive merger agreement whereby Ametek will acquire all of the outstanding shares of Zygo for $19.25 per share in cash. The deal was unanimously approved by Zygo's Board and is expected to be completed by the end of Q2 2014. Zygo closed Friday at $19.43, a gain of 32%.
Report Tyson, Post Bidding for Michael Foods
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The Rumor
:

Tyson Foods
TSN
and Post Holdings
POST
are each bidding for Michael Foods, which has been put up for sale by the private equity division of Goldman Sachs
GS
. according to a report from
Reuters
.Tyson was rumored last month to be looking at a buyout of Michael Foods, along with Treehouse Foods
THS
. A deal could be worth 2.5 billion, according to sources. Tyson closed Friday at $41.67, a gain of $0.35.
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