Benzinga's M&A Chatter for Tuesday June 9, 2015

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday June 9, 2015:
Rumor of Jack Ma/Wasu Stake in NetflixThe Rumor
:

Shares of Netflix, Inc.
NASDAQ
surged higher Tuesday, and never stopped, following an unconfirmed report that Jack Ma and Wasu Media were preparing to take a 20% stake in the movie streaming company. Shares hit an all-time high over the $648 level. Spokespersons for Netflix and Wasu Media were not available for comment on the report. Today is also the Netflix annual shareholder meeting. Netflix shares gained more than 3% Tuesday, to close at $647.15, and rose another $4.00 after-hours.
Rumor Receptos Rejected $200/Share AstraZeneca BidThe Rumor
:

Shares of Receptos
RCPT
spiked higher Tuesday, on a report from
Proactiv Investors
that Receptos rejected a $200 bid from AstraZeneca
AZN
, while Teva Pharmaceutical Industries
TEVA
and Gilead Sciences
GILD
reportedly offered $280. The article states Receptos is willing to accept an offer of $350 per share. Spokepersons for Receptos, AstraZeneca and Proactive Investors did not return calls. Receptos shares 2.5% Tuesday, closing at $160.44.
China Mobile Games to be Purchased by Pegasus Investment for $22.00/ADSThe Deal
:
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China Mobile Games and Entertainment Group Limited
CMGE
announced Tuesday, that it has entered into a definitive agreement and plan of merger with Pegasus Investment Holdings Limited and Pegasus Merger Sub Limited, under which Pegasus will acquire CMGE for $22.00 per ADS. China Mobile Games Board unanimously approved the merger agreement. China Mobile Games shares gained more than 5% Tuesday, closing at $21.09.
Hearing Unconfirmed Market Chatter of Potential Unilever Bid for Colgate-PalmoliveThe Rumor
:

Shares of Colgate-Palmolive Co.
CL
Tuesday, on unconfirmed market chatter that Unilever plc
UL
is preparing a bid for the maker of Colgate Toothpaste and Palmolive dish soap. The premium would reportedly more than 20%, according to a source. Spokespersons for Colgate-Palmolive and Unilever did not respond to requests for comment. Colgate-Palmolive shares gained 1% Tuesday, closing at $66.03.
Diebold in Talks to Acquire Wincor NixdorfThe Rumor
:

Shares of Diebold
DBD
spiked higher Tuesday, on a report from
Reuters
that it is in talks to acquire German rival Wincor Nixdorf
WNXDY
, according to sources. Wincor reportedly has hired Goldman Sachs as an advisor, while Diebold is said to be working with JP Morgan. A Diebold spokesperson declined comment, while a Wincor Nixdorf spokesperson was not available. Diebold shares gained more than 7% Tuesday, closing at $37.83.
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Posted In: NewsRumorsM&AMovers
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