Benzinga's Weekend M&A Chatter


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday March 7 through Sunday March 29, 2015:Intel in Talks to Buy AlteraThe Rumor:
Shares of Altera Corp (NASDAQ: SGYP) spiked sharply higher late Friday, on a on a report from the Wall Street Journal that the company is in talks to be acquired by Intel Corporation (NASDAQ: INTC). Such a deal would be the largest ever for Intel.A spokesperson for Altera declined comment to Benzinga on Friday. An Intel spokesperson was not immediately available for comment.Altera shares closed Friday at $44.39, a gain of 28%.Amazon Denies it's in Talks to Acquire Net-a-PorterThe Rumor:
Amazon.com (NASDAQ: AMZN) denied Friday, that it is in talks to acquire Net-a-Porter, according to Forbes. Earlier reports said Amazon was considering buying the online luxury retailer for about $2.19 billion.Reuters reported Sunday, that Yoox was the lead contender for Net-a-Porter, and a deal could be announced as soon as this week, according to sources.Amazon gained $3.21 Friday, closing at $370.56.Sabre Could Make Non-US Acquisition in Q2The Filing:
Sabre Corporation (NASDAQ: SABR) said in an 8-K filing on Friday, that it isin active negotiations for a potential non-U.S. acquisition within the Travel Network business segment, for which it is possible an agreement could be reached in Q2 of 2015.Sabre gained $0.21 Friday, closing at $23.88.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsRumorsM&AMovers