Benzinga's M&A Chatter for Monday December 3, 2012

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday December 3, 2012:
Facebook May Buy WhatsAppThe Rumor
:

Facebook
FB
is reported to be in talks to acquire messaging app company WhatsApp, according to sources reported by
TechCrunch
. Facebook shares rallied initially on the report, coming within $0.12 of $29. Facebook closed at $27.04 Monday, a loss of 3.5% on twice average volume.
Delta Airlines Rumored to be in Talks to Acquire Singapore Airline's Virgin Atlantic StakeThe Rumor
:

Delta Airlines
DAL
is reportedly in talks with Singapore Airlines
SINGF
, to acquire their 49% stake in Virgin Atlantic, according to
Reuters
. A Delta spokesperson declined comment on the rumor. A Singapore Airlines spokesperson was not available for comment. Delta Airlines closed at $9.62 Monday, a loss of 4% on average volume.
Hearing Unconfirmed Market Chatter of Chevron Interest in Southwestern EnergyThe Rumor
:

Chevron
CVX
may bid for Southwestern Energy
SWN
, according to unconfirmed market chatter. A similar rumor surfaced back in April, involving the same companies. A Chevron spokesperson declined comment on the rumor. A Southwestern Energy spokesperson was not available for comment. Southwestern Energy closed at $34.98 Monday, a gain of $0.27 on average volume.
Genesis HealthCare Acquires Sun Healthcare for $8.50/ShareThe Deal
:
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Genesis HealthCare announced Monday that effective December 1, 2012 it completed the acquisition of Sun Healthcare Group
SUNH
. Under the terms of the agreement, Genesis acquired Sun for $8.50 per share of common stock in cash. The aggregate amount of the merger consideration was approximately $215 million, excluding closing costs and the repayment of approximately $89 million of Sun indebtedness. Genesis financed the transaction using borrowings under a term loan and available cash. Sun Healthcare closed at $8.51 on Monday, a gain of $0.06 on about twice average volume.
Equifax to Acquire Credit Services Business of Computer Sciences Corporation for $1BThe Deal
:

Equifax
EFX
announced Monday that its subsidiary, Equifax Information Services LLC, has entered into a definitive asset purchase agreement with CSC Credit Services, Inc., a subsidiary of Computer Sciences Corporation
CSC
, to purchase certain credit services business assets and operations of CSC. The purchase price is $1.0 billion in cash. The closing of the transaction is expected to occur by year-end. Computer Sciences Corporation closed at $39.27 Monday, a gain of 3% on higher than average volume.
Martin Marietta Likely to Make 'Friendly' Offer for Vulcan MaterialsThe Rumor
:

Martin Marietta
MLM
is likely make a new offer to acquire Vulcan Materials
VMC
, according to the
Wall Street Journal
. Martin Marietta made a 'hostile' offer to acquire Vulcan on December 22, 2011. That offer was to exchange 0.50 shares of Martin Marietta for each share of Vulcan Materials. The offer was terminated by court order on May 14, 2012. Vulcan Materials closed at $52.31 Monday, a loss of 1% on higher than average volume.
Hearing PE Firms Losing Interest in True ReligionThe Rumor
:

Private equity firms are losing interest in pursing a bid for True Religion Apparel
TRLG
, according to the
Deal Reporter
. The same publication had indicated positive private equity interest in the jeans company on November 12. True Religion had announced a strategic review process on October 10. A spokesperson told Benzinga on Monday the company was still involved in that process, and declined comment on today's rumor. True Religion closed at $24.39 Monday, a loss of 6.5% on twice average volume.
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