Wall Street's M&A Chatter From November 21

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday November 21, 2016.

Unconfirmed Takeover Chatter in Lending Club

The Rumor:

Shares of LendingClub Corp LC spiked higher Monday on unconfirmed takeover that Goldman Sachs could be making a bid. A "source" said Goldman could offer $10 per share.

Lending Club closed at $6.14 on Monday, up 2.68 percent.

iIRobot acquires Japanese Distribution Business from Sales On Demand Corporation

The Deal:

iRobot Corporation IRBT announced Monday it has signed a definitive agreement to acquire the iRobot-related distribution business of privately-held Sales On Demand Corporation. Terms were not disclosed.

The acquisition is expected to close in April 2017.

iRobot closed at $54.09 on Monday, down 1.73 percent.

MACOM to Acquire AppliedMicro for $8.36/Share

The Deal:

MACOM Technology Solutions Holdings Inc MTSI announced it has agreed to acquire Applied Micro Circuits Corporation AMCC for approximately $8.36 per share, including $3.25 in cash and 0.1089 MACOM shares per share of AppliedMicro. MACOM expects the transaction to close in Q1 of 2017.

AppliedMicro closed Monday at $8.10, up 11.72 percent.

Roche, Illumina, Still Talking Deal

The Rumor:

Shares of Illumina, Inc. ILMN surged higher on a video report from Betaville's Ben Harrington that it's still in takeover talks with Roche RHHBY, according to sources. The companies have been in talks since 2012, when Illumina rejected a $44.50 per share offer from Roche.

Illumina closed Monday at $137.75, up 4.31 percent.

Sunoco Logistics to Acquire Energy Transfer Partners

The Deal:

Sunoco Logistics Partners L.P. SXL has agreed to acquire Energy Transfer Partners LP ETP in a unit-for-unit transaction. Under the terms of the transaction, ETP unitholders will receive 1.5 common units of SXL for each common unit of ETP they own.

The transaction was approved by the Boards of Directors of both companies and is expected to close in Q1 of 2017.

Energy Transfer Partners closed Monday at $36.52, down 7.24 percent.

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