Benzinga's M&A Chatter for Monday September 8, 2014


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday September 8, 2014:iPass Announces Will Explore Strategic AlternativesThe Strategic Review:
iPass (NASDAQ: IPAS) announced Monday, that the iPass Board of Directors has initiated a process to explore strategic alternatives that may enhance stockholder value. iPass has retained Blackstone Advisory Partners L.P. and Cooley LLP, to assist in the process. iPass closed Monday at $1.14, and traded 29% higher after hours.GE to Sell Appliances Business to Electrolux for $3.3B The Deal:
General Electric (NYSE: GE) announced Monday it has agreed to sell its appliances business to Electrolux (OTC: ELUXY) for $3.3 billion. The deal is expected to close in 2015.General Electric closed Monday at $26.08, a loss of $0.02.General Mills to Acquire Annie's for $46/Share in CashThe Deal:
Annie's (NYSE: BNNY) announced Monday, an agreement to be acquired by General Mills (NYSE: GIS) for $46.00 per share in cash, a total transaction value of around $820 million. General Mills will launch a tender offer within ten business days, to purchase all outstanding Annie's shares.The deal is expected to close in calendar year 2014.Annie's closed Monday at $33.51, and traded at around $46.00 after hours.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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