Benzinga's M&A Chatter for Wednesday April 16, 2014

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday April 16, 2014. Post Holdings Reportedly Beats Out Tyson for Michael Foods The Rumor:
Shares of Post Holdings POST moved sharply higher on a Wall Street Journal report that the cereal maker had won the right to acquire privately-held Michael Foods, according to sources. The deal could be announced on Thursday. Post has apparently beat out Tyson Foods TSN in a deal worth approximately $2.5 billion. Spokespersons for Post, Tyson and Michael Foods were not available for comment. Post Holdings closed Wednesday at $54.73, a gain of 5.5%. Tyson Foods closed at $42.75, gaining $0.31. Zalicus, Epirus Announce Merger Agreement The Deal:
Epirus Biopharmaceuticals and Zalicus ZLCS announced Wednesday that they have agreed to merge. Under the agreement, Epirus will merge with a wholly-owned subsidiary of Zalicus in an all-stock transaction. After the closing, Zalicus will be re-named Epirus Biopharmaceuticals and trade on the Nasdaq. The deal is expected to close during the summer of 2014. Zalicus closed Wednesday at $1.35, a gain of 31%. 3D Systems to Acquire Robtec The Deal:
3D Systems DDD announced Wednesday that it has agreed to acquire Brazil-based 3D printing and scanning products distributor, Robtec. Terms of the deal were not disclosed. Shares of 3D Systems closed at $48.79 on Wednesday, a gain of more than 3%.11%.