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Plum Creek Timber Co. Inc. (NYSE: PCL) shares surged 16 percent to $46.70 in pre-market trading after Weyerhaeuser Co (NYSE: WY) announced its plans to buy Plum Creek Timber in an $8.44 billion deal.

Apache Corporation (NYSE: APA) shares climbed 10.55 percent to $52.70 in pre-market trading. Apache rejected a takeover bid from unidentified buyer and is working with Goldman Sachs, according to Bloomberg.

Relypsa Inc (NASDAQ: RLYP) shares rose 5.99 percent to $20.00 in pre-market trading after gaining 0.64 percent on Friday.

Horizon Pharma PLC (NASDAQ: HZNP) gained 5.81 percent to $22.22 in pre-market trading. Horizon Pharma issued a strong FY16 sales forecast. It projected FY20 sales of $800 million to $1 billion.

Iconix Brand Group Inc (NASDAQ: ICON) shares rose 5.51 percent to $7.28 in pre-market trading. Iconix Brand Group reported a Q3 loss of $0.13 per share on revenue of $88.935 million.

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