Benzinga's M&A Chatter for Thursday August 27, 2015

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday August 27, 2015:
Hearing FT Reporting Abbott Has Readied an Up to $25B Bid for St. Jude MedicalThe Rumor
:

Shares of St. Jude Medical
STJ
spiked sharply higher in the premarket Thursday, on a report from
Financial Times
that Abbott Laboratories
ABT
was preparing a $25 billion bid for the medical device maker. The publication said Abbott has been working with advisors to help line up financing. An Abbott spokesperson later denied to company was planning to make an offer for St. Jude. St. Jude closed at $72.43 on Thursday, up 4.5%.
Hearing Unconfirmed Market Chatter of Gilead Deal to Acquire BMYThe Rumor
:

Shares of Bristol-Myers Squibb
BMY
Rosed Thursday, on unconfirmed market of chatter of a potential bid from Gilead Sciences
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GILD
. According to sources, a deal could be reached as early as this weekend. Spokespersons for Bristol-Myers and Gilead did not respond to requests for comment. Bristol Myers rose more than 1% Thursday, closing at $60.82.
Hearing Unconfirmed Market Chatter of PE Interest in Pandora, $26.50/ShareThe Rumor
:

Pandora
P
spiked higher Thursday, on unconfirmed market chatter of potential private equity interest. According to sources, the offer is $26.50 per share and the music streaming service has reportedly hired Morgan Stanley as an advisor. Pandora did not respond to a request for a comment on the rumor. Pandora shares closed at $17.49 Thursday, a loss of $0.15.
Autodesk to Acquire SeeControlThe Deal
:

Autodesk, Inc.
ADSK
announced Thursday, that is has signed an agreement to acquire the developer of an enterprise Internet of Things cloud service platform, SeeControl. Terms were not disclosed. The deal is expected to close during Autodesk's fiscal quarter ending October 31, 2015. Autodesk shares closed at $50.00 Thursday, and fell 5% after-hours.
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Posted In: NewsRumorsM&AMovers
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