Benzinga's M&A Chatter for Tuesday February 10, 2015

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday February 10, 2015:
Hearing Unconfirmed Market Chatter of Alibaba $64/Share Offer for EbayThe Rumor
:

eBay Inc.
EBAY
shares spiked higher Tuesday, on unconfirmed market chatter of a potential $64.00 per share bid from Alibaba Group Holding Limited
BABA
. Ebay declined comment on the rumor, while an Alibaba spokesperson was not available for comment. Ebay shares gained $0.94 Tuesday, closing at $55.27
Yelp Acquires Eat24 for $134M in Cash, Stock DealThe Deal
:

Yelp Inc.
YELP
announced Tuesday, it has acquired web and app-based online food ordering service Eat24, for approximately $134 million. The deal consists of approximately 1.4 million shares of Yelp Class A common stock and $75 million cash. The transaction closed on February 9, 2015. Yelp shares gained almost 6% Tuesday, closing at $44.66.
Sycamore Partners Reportedly in Advanced Talks to Acquire Chico's FASThe Rumor
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:

Shares of Chico's FAS Inc.
CHS
spiked higher after-hours Tuesday, on a report from the
Wall Street Journal
, that private-equity firm Sycamore Partners is in advanced talks to acquire the retailer. According to sources, the deal could be worth $3 billion. Chico's shares closed Tuesday at $17.25, and traded as high as $21.92 after-hours.
Hearing Unconfirmed Market Chatter Garmin Rejected $64 Bid from HoneywellThe Rumor
:

Garmin Ltd.
GRMN
reportedly recently rejected a $64.00 per share stock & cash bid from from Honeywell International Inc.
HON
, according to unconfirmed market sources. Industry sources say that a deal for Garmin could be done above $70.00 per share. Spokespersons for Garmin and Honeywell were not available for comment. Garmin shares closed Tuesday at $54.11, a gain of $
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Posted In: NewsRumorsM&AMovers
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