Benzinga's M&A Chatter for Monday February 11, 2013

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday February 11, 2013:
Hearing Interest Waning in Gardner Denver as Takeover TargetThe Rumor
:

Shares of Gardner Denver
GDI
tumbled on a report from
Deal Reporter
that interest in the company from potential bidders is weakening. In December, there were reports of a possible $4 billion bid from SPX
SPW
, but those reportedly ended without a deal. A spokesperson for Gardner Denver declined comment on the report. Gardner Denver closed at $68.68 Monday, a loss of 2% on 3.5 times average volume.
Report Carlyle Group Approached Nasdaq in Bid to Take PrivateThe Rumor
:

Shares of Nasdaq OMX
NDAQ
spiked higher on reports it was approached by Carlye Group
CG
to take it private.
Reuters
reports the two sides spoke, but the talks fell apart. A spokesperson for the Nasdaq declined comment on the rumor. A Carlyle Group spokesperson was not available for comment. Nasdaq OMX Group closed at $30.38 Monday, a gain of 3% on 5 times average volume.
Rexnord Hires Goldman Sachs to Help Explore Strategic AlternativesThe Strategic Review
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:

Rexnord Corporation
RXN
announced Monday that its Board of Directors has initiated a review of strategic alternatives to enhance shareholder value and has engaged Goldman, Sachs and Co. to serve as its financial adviser in that process. The alternatives considered could include the possible sale of the Company, the possible sale of one or both of its business platforms or the maintenance of the current structure and execution of the existing business strategy. Rexnord Corporation closed at $20.21 Monday, a loss of $0.08 on average volume.
Hearing Renewed Takeover Chatter in First SolarThe Strategic Review
:

Share of First Solar
FSLR
rose Monday on renewed takeover chatter. GE
GE
, frequently mentioned as a potential suitor, is rumored to be bidding $40 per share. Siemens
SI
is also frequently mentioned as a possible buyer. All the parties have denied the rumors in the past. First Solar closed at $32.36 Monday, a gain of 6.5% on average volume.
VMware to Acquire VirstoThe Strategic Review
:

VMware
VMW
announced Monday it has signed a definitive agreement to acquire Virsto Software, a Sunnyvale, Calif.-based provider of software that optimizes storage performance and utilization in virtual environments. The acquisition is scheduled to close in the first quarter of 2013. VMware closed at $77.04 Monday, a loss of 2.71% on 1.5 times average volume.
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