Benzinga's M&A Chatter for Wednesday August 12, 2015

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday August 12, 2015:

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EXOR S.p.A.

has agreed to purchase 27.8% of The Economist Group's Ordinary shares for consideration of £227.5 million and all of the B special shares for consideration of £59.5 million from Pearson

. Pearson's remaining Ordinary shares will be repurchased by The Economist Group for a total consideration of £182 million. The transaction is expected to close during the fourth quarter of 2015. Pearson closed at $17.96 on Wednesday, up $0.05.

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United Online, Inc.

announced Wednesday, that it has completed the sale of Classmates to Intelius Holdings, Inc. for $30 million cash, subject to a post-closing working capital adjustment. United Online closed at $12.26 Wednesday, a gain of 2.77%.

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Markit

, announced Tuesday, that it has agreed to acquire the provider of regulatory reporting, index management, data management and prime brokerage services to financial institutions, CoreOne Technologies for approximately $200 million. The deal is expected to close in Q4. Markit closed at $28.36 Wednesday, a gain of almost 5%.

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FIS

announced Wednesday, that it has signed a definitive agreement to acquire SunGard for cash and stock, valuing the company at an enterprise value of $9.1 billion, including the assumption of SunGard debt. The deal is expected to close in Q4. FIS shares closed at $70.75 Wednesday, up 8.73%.