Benzinga's M&A Chatter for Tuesday November 18, 2014

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday November 18, 2014:
Report 3G May be Seeking Buyout of Coca-ColaThe Rumor
:

Shares of The Coca-Cola Company
KO
surged higher Tuesday on a report from
Forbes
, that Brazil's 3G Capital may have an interest in taking the soft drink giant private. Mention of a potential bid by 3G for Coke, first surfaced back in June, when media reports said the private equity firm might team up with shareholder Warren Buffett on a bid. Spokespersons for Coca-Cola and 3G did not respond to requests for comment. Coca-Cola shares gained 1.5% Tuesday, to close at $43.53.
KKR, CD&R to Prepare Joint Proposal to Acquire PetsmartThe Rumor
:

Private equity firms KKR and Clayton, Dubilier & Rice reportedly will bid to take PetSmart Inc
PETM
private for more than $7.5 billion, according to sources reported by
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Reuters
on Tuesday. The bid could come as early as December. Other firms considering a bid for PetSmart include Apollo Global Management and BC Partners, according to persons familiar with the matter. A
NY Post
report, early Tuesday, also mentioned potential bids from those firms. PetSmart closed Tuesday at $73.62, a gain of $0.1% and traded 2.5% higher after-hours on the buyout rumor and a strong earnings report and guidance.
Valeant May Pursue Teva Next, According to a RumorThe Rumor
:

Shares of Teva Pharmaceutical Industries Limited (TEVA)
TEVA
rose Tuesday on unconfirmed market chatter of a potential bid by Valeant Pharmaceuticals International, Inc.
VRX
. The offer being mentioned is $68.00 per share. Teva is being mentioned as a potential target for Valeant, since they lost the battle for Allergan Inc. (AGN) to Actavis Spokesersons for Teva and Valeant were not available for comment. Teva closed Tuesday at $57.23, a loss of $0.01.
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