Benzinga's M&A Chatter for Thursday January 14, 2016

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday January 14, 2016:
Progress Software Explores SaleThe Rumor
:

Progress Software Corp
PRGS
is exploring strategic alternatives, including a potential sale, according to spoi a sale as part of an and has spoken to private equity firms about a potential deal, according to people familiar with the matter. Progress is said to be working with JPMorgan Chase on a limited auction process, the sources said. Progress Software and JPMorgan declined comment. Progress Software closed at $25.01 on Thursday, up 7.8%.
WebMD Denies Rumor of Acquisition TalksThe Rumor Denied
:

WebMD Health Corp.
WBMD
announced Thursday, in response to media reports, that the company is not currently in any negotiations to be acquired.
Financial Times
reported that WebMD was considering a sale of the company or part of its business, according to sources. Walgreens
WBA
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and United Health
UNH
were mentioned as potential bidders. WebMD closed at $49.12 on Thursday, down 7.69%.
Dialog Semiconductor Declines to Revise Bid for AtmelThe Termination
:

Dialog Semiconductor plc
DLGNF
announced Thursday, that its Board of directors has decided not to revise its proposal to acquire Atmel Corporation
ATML
. Atmel has determined that the unsolicited acquisition proposal received from Microchip Technology Inc.
MCHP
constitutes a superior proposal and that it intends to terminate its merger agreement with Dialog. Atmel is required to pay Dialog a $137.3 million termination fee. Atmel closed Thursday at $7.93, down $0.03.
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Posted In: NewsRumorsManagementM&AMoversInformation TechnologySemiconductors
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