Benzinga's Weekend M&A Chatter

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday April 1 through Sunday April 3, 2016:

:

Alaska Air Group Inc

is close to a deal to acquire Virgin America Inc

, for more than $2 billion, according to sources as reported by

on Saturday. The sources said Alaska Air has outbid Jet Blue

. A deal could be announced as early as Monday. Virgin America closed at $38.90 on Friday, up $0.34.

:

McGraw Hill Financial's

J.D. Power and Associates division is a potential acquisition target by a China's XIO Group, According to sources, as reported by

on Friday. The sources said the unit could sell for as much as $1 billion. McGraw Hill Financial closed at $99.30 on Friday, up $0.32.

:

Talen Energy

is said to be the target of a leveraged buyout, according to a report from

. Talen announced Friday it had completed the sale of the Holtwood and Lake Wallenpaupack hydroelectric plants for $860 million. Talen closed at $10.04 on Friday, up 11.5%.