Benzinga's M&A Chatter for Thursday October 6, 2016

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday, October 6, 2016:

:

Shares of Qualcomm

and NXP Semiconductors

spiked higher Thursday, on a report from

of progress toward a potential takeover of NXP by Qualcomm. Sources say the deal would be 75% cash and 25% in stock. There are no potential buyers other than Qualcomm the sources said. CNBC's David Faber reported earlier that talks between the two companies are continuing but a deal is not imminent. NXP closed at $103.49 on Thursday, up $0.99. Qualcomm closed at $67.54 on Thursday, up 1.05%.

:

Shares of Twitter

sold off Thursday, following a report from

on Wednesday, that Disney

and also Google

and Apple

would not bid for the social media company. according to sources.

reported Thursday that talks between Salesforce

and Twitter began in July, according to sources, with little or no premium to the current price being discussed. Various sources are reporting that a Twitter acquisition by Salesforce is also unlikely. Twitter closed at $19.87 on Thursday, down 20%.

:

Whole Foods

spiked higher Thursday, on unconfirmed market chatter of a potential $40 per share bid from Kroger

. Whole Foods is a frequent takeover name, with Publix mentioned on several occasions as a potential suitor. Whole Foods closed at $29.33 on Thursday, up 4.90%.