Benzinga's M&A Chatter for Wednesday July 30, 2014

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday July 30, 2014:
Report of Interest in ShutterflyThe Rumor
:

Shares of Shutterfly
SFLY
Spiked higher Wednesday, on a report from
Deal Reporter
, the digital photo site has attracted interest from potential buyers that include Apple
AAPL
, Microsoft
MSFT
and Hewlett-Packard
HPQ
. A spokesperson for Shutterfly was not available for comment. A Hewlett-Packard spokesperson declined comment on the rumor. Shutterfly shares closed Wednesday at $47.49, a gain of more than 2%.
3D Systems to Acquire Simbionix for $120M in CashThe Deal
:

3D Systems
DDD
announced Wednesday, that it has an agreement to acquire provider of 3D virtual reality surgical simulation and training, Simbionix, for $120 million in cash. The deal is expected to close within the next 30 days. 3D Systems closed Wednesday at $56.07, and traded at $56.50 after-hours.
Rumor of AT&T Interest in PandoraThe Rumor
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:

Shares of Pandora
P
moved as high as $26.26 Wednesday, following unconfirmed market chatter it was being pursued by AT&T
T
. The note mentioned that the Pandora service might be incorporated into AT&T's U-Verse service. AT&T declined comment on the rumor. A Pandora spokesperson was not available for comment. Pandora closed Wednesday at $25.98, a gain of 1%.
Bison Makes Non-Binding Offer of $9.80/ADS for NQ MobileThe Offer
:

NQ Mobile
NQ
announced Wednesday that its board of directors has received a non-binding proposal from Bison Capital to acquire all of NQ's outstanding shares and ADS's for $9.80 per ADS in cash. NQ's Board said it is reviewing the proposal and there no assurance that any definitive offer will be made, or agreement executed. NQ Mobile shares hit a high of $9.19 in the premarket and ended the day at $7.44, a gain of almost 8%.
Report ZF, TRW Could Finalize Deal in WeeksThe Rumor
:

Shares of TRW Automotive
TRW
initially spiked higher Wednesday, then sold off, on a report from
Reuters
that Germany's ZF Friedrichshafen is in advanced talks to acquire TRW for around $12 billion, or $105 per share, according to sources. A spokesperson for TRW told Benzinga only they reiterate their July 10 press release confirming receipt of a proposal. A ZF spokesperson said they were unable to comment on anything related to TRW. TRW shares closed Wednesday at $101.75, a loss of 2.73%.
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Posted In: NewsRumorsM&AMovers
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