Benzinga's M&A Chatter for Wednesday April 1, 2015

Loading...
Loading...
The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday April 1, 2015:
Hearing Renewed Takeover Chatter in SanDiskThe Rumor
:

Shares of SanDisk Corp.
SNDK
, rose Wednesday on unconfirmed market chatter of a potential bid for the data storage company. SanDisk has previously been mentioned as a takeover target. A SanDisk spokesperson did not respond to a request for comment. SanDisk gained more than 2% Wednesday, closing at $65.14.
Boston Scientific Announces Purchase of Xlumena for Upfront Payment of $62.5MThe Deal
:

Boston Scientific Corporation
BSX
Loading...
Loading...
announced Wednesday, that it has agreement to acquire medical device company Xlumena, Inc., for an upfront payment of $62.5 million and an additional payment of $12.5 million upon FDA clearance of the HOT AXIOS product. The deal is expected to close this week. Boston Scientific $0.10 Wednesday, closing at $17.65.
Receptos Receives Takeover Interest as it Seeks PartnerThe Rumor
:

Shares of Receptos, Inc.
RCPT
spiked sharply higher Wednesday, on a report from
Bloomberg that the company had received takeover interest, according to sources. The interest reportedly came as Receptos was interviewing potential partners for its MS treatment. The company's CFO declined comment on the takeover interest. Receptos shares gained 5% Wednesday, closing at $173.44
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsRumorsM&AMovers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...