Benzinga's M&A Chatter for Thursday October 9, 2014

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday October 9, 2014:
Yelp Spikes Higher on Renewed Takeover ChatterThe Rumor
:

Shares of Yelp
YELP
spiked higher Thursday on renewed market chatter of a potential takeover offer. This time, the rumored buyer was Google
GOOGL
. Yelp has been the subject of frequent takeover chatter. Spokespersons for Yelp and Google were not available for comment. Yelp closed Thursday at $69.62, a loss of $0.53.
Kindred to Acquire Gentiva for $14.50/Share in Cash, $5.00/Share in Kindred StockThe Deal
:

Kindred Healthcare, Inc.
KND
and Gentiva Health Services, Inc.
GTIV
announced Thursday, that Kindred will acquire all of the outstanding shares of Gentiva common stock for $19.50 per share in a combination of cash and stock. Gentiva shareholders will receive $14.50 per share in cash and $5.00 per share in Kindred common stock The deal is expected to close in Q1 2015. Gentiva Health closed Thursday at $19.49, a gain of more than 16%, while shares of Kindred Healthcare gained 5%, to close at $20.75.
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Endo to Acquire Auxilium Pharmaceuticals for $33.25/ShareThe Deal
:

Endo International plc
ENDP
and Auxilium Pharmaceuticals, Inc.
AUXL
announced Thursday that Endo will acquire all of the outstanding shares of common stock of Auxilium for $33.25 per share, in a cash and stock transaction, in a deal valued at $2.6 billion. Auxilium shareholders may choose 100% equity, 100% cash, or an equal mix of $16.625 in cash and 0.244 Endo shares per Auxilium share. The deal is expected to close in H1 2015. Auxilium Pharmaceuticals shares rose 9% Thursday, to close at $32.44, while Endo shares lost 6%, to close at $66.78.
Elliott Management Reaffirms $21.00/Share Offer for RiverbedThe Offer
:

Elliott Management Corporation commented Thursday, on Riverbed Technology, Inc.'s
RVBD
announcement of preliminary earnings and strategic review process. Elliott said “We commend the Board for initiating a strategic review and believe that Riverbed is a great company with products customers value,” said Jesse Cohn, portfolio manager at Elliott Management. “We have made a $21 bid for the company, and our team and advisors look forward to completing our confirmatory diligence in an expedited fashion.” Riverbed Technology shares rose almost 3% Thursday to close at $18.59.
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Posted In: NewsRumorsHedge FundsManagementInsider TradesM&AMoversGeneral
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