Benzinga's M&A Chatter for Monday October 5, 2015

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday October 5, 2015:
Hearing Unconfirmed Market Chatter Warren Eisenberg, Leonard Feinstein May be Stepping Down from Bed Bath & BeyondThe Rumor
:

Shares of Bed Bath & Beyond Inc.
BBBY
rose Monday on unconfirmed market chatter of the company's Co-Chairmen Warren Eisenberg and Leonard Feinstein may be stepping down, according to sources. The company is said to have hired JPMorgan Chase to assist in exploring options, including a potential sale. Wedbush analyst Seth Basham told
Benzinga
via email, that such a large LBO, with mulitple parties involved would be a challenge to execute. He did say BBBY might be better off going private, as it would be able to invest in "invest in omnichannel initiatives for the long-term without public market scrutiny." Bed Bath & Beyond did not respond to a request for comment. Bed Bath & Beyond closed at $59.40 on Monday, a gain of 3.5%.
Newell Rubbermaid to Acquire Elmer's for $600MThe Deal
:

Newell Rubbermaid
NWL
has agreed to acquire Elmer's Products, Inc. from an affiliate of Berwind Corporation for $600 million. The deal is expected to close by the end of the year. Newell Rubbermaid closed at $41.59 Monday, up 2.5%.
Lionsgate, Starz Said to be in Advanced merger Talks
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The Rumor
:

Lions Gate Entertainment Corp
LGF
is said to be in advanced talks to merge with movie channel Starz
STRZ
, according to sources as reported by the
LA Times
on Monday. Liberty's John Malone has stakes in both companies. The
NY Post
reported earlier on Monday that Lionsgate, as well as Amazon.com, Inc.
AMZN
could be potential suitors for Starz. Starz closed at $39.07 Monday, and traded at $43.00, after hours.
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Posted In: NewsRumorsM&AMoversConsumer DiscretionaryMovies & Entertainment
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