Benzinga's M&A Chatter for Tuesday September 8, 2015

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday September 8, 2015:
Strategic Hotels & Resorts to be Acquired by Blackstone for $14.25/ShareThe Deal
:

Strategic Hotels & Resorts, Inc.
BEE
announced Tuesday, that it has entered into a definitive agreement with affiliates of Blackstone Real Estate Partners VIII L.P.
BX
, under which Blackstone will acquire all outstanding shares of common stock of Strategic Hotels & Resorts, Inc., for $14.25 per share in cash, and all of the outstanding membership units of the Company's subsidiary, Strategic Hotels Funding L.L.C., not held by the Company, for $14.25 per unit in cash. The transaction value is approximately $6 billion. The deal is expected to be completed by Q1 of 2016 Strategic Hotels & Resorts closed at $14.07 on Tuesday, a gain of 3.5%.
Microsoft Acquires AdallomThe Deal
:

Microsoft's
MSFT
Corporate Vice President, Cloud and Enterprise Marketing, Takeshi Numoto,
announced Tuesday
, that Microsoft has acquired Adallom, an innovator in cloud security and a leader in helping customers protect their critical assets across cloud applications. Terms of the deal were not disclosed, but
Bloomberg
reported the purchase price was $250 million Microsoft closed at $43.89 Tuesday, up 3%.
Mylan to Launch Offer for Perrigo Directly to Perrigo Shareholders on Sept. 14
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The Offer
:

Mylan N.V.
MYL
announced Tuesday, its intent to commence a formal offer to exchange all outstanding ordinary shares of Perrigo Company plc
PRGO
on September 14, 2015. Under the terms of the offer, Perrigo shareholders will receive $75 in cash and 2.3 Mylan ordinary shares for each Perrigo ordinary share. Mylan shareholders have voted overwhelmingly in favor of the transaction. Perrigo shares closed at $180.65 Tuesday, a gain of 1%.
Deal Reporter Says Big Pharma to Offer $300/Share for BlueBird BioThe Rumor
:

Shares of BlueBird Bio
BLUE
rose Tuesday, following a report from
Deal Reporter
that big pharma could pay up to $300 per share for the Cambridge-based biotech company. That report was based on a
Life Sciences Report
article dated September 2. BlueBird did not respond to a request for comment. BlueBird shares closed at $138.10 Tuesday, a gain of 6.79%.
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