Benzinga's M&A Chatter for Friday March 8, 2013 - Comtech Telecom (NASDAQ:CMTL), General Dynamics (NYSE:GD)

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday March 8, 2013:

Gardner Denver to Be Acquired By KKR for $76/ShareThe Deal

Gardner Denver

GDI

and KKR

KKR

announced Friday that the companies have agreed to merge in a transaction valued at approximately $3.9 billion or $76 per share in cash, including the assumption of debt. The transaction is expected to close in Q3 2013. Gardner Denver closed at $74.74 Friday, a gain of almost 1% on 11 times average volume.

Nielsen Holdings Reportedly Looking to Sell Trade-Show UnitThe Rumor

Nielsen Holdings

NLSN

is seeking to sell its expositions business, in a deal that could bring $1 billion, according to

Wall Street Journal

. Nielsen has reportedly hired Credit Suisse as an adviser. A spokesperson for Nielsen had no comment on the report. Nielsen Holdings closed at $34.89 Friday, a gain of $0.59 on 1.5 times average volume.

Hearing Chatter of General Dynamics Interest in ComtechThe Rumor

General Dynamics

reportedly had been in talks to acquire Comtech Telecommunications

CMTL

, according to

Deal Reporter

. The talks are said to have broken down, according to sources. A spokesperson for General Dynamics declined comment on the rumor. A Comtech spokesperson was not available for comment. Comtech Telecommunications closed at $25.77 Friday, a gain of 2.5% on 6.5 times average volume.

Market News and Data brought to you by Benzinga APIs