Benzinga's M&A Chatter for Wednesday April 1, 2015


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 Wednesday April 1, 2015:Hearing Renewed Takeover Chatter in SanDiskThe Rumor:
Shares of SanDisk Corp. (NASDAQ: SNDK), rose Wednesday on unconfirmed market chatter of a potential bid for the data storage company. SanDisk has previously been mentioned as a takeover target.A SanDisk spokesperson did not respond to a request for comment.SanDisk gained more than 2% Wednesday, closing at $65.14.Boston Scientific Announces Purchase of Xlumena for Upfront Payment of $62.5MThe Deal:
Boston Scientific Corporation (NYSE: BSX) announced Wednesday, that it has agreement to acquire medical device company Xlumena, Inc., for an upfront payment of $62.5 million and an additional payment of $12.5 million upon FDA clearance of the HOT AXIOS product.The deal is expected to close this week.Boston Scientific $0.10 Wednesday, closing at $17.65.Receptos Receives Takeover Interest as it Seeks PartnerThe Rumor:
Shares of Receptos, Inc. (NASDAQ: RCPT) spiked sharply higher Wednesday, on a report from Bloomberg that the company had received takeover interest, according to sources. The interest reportedly came as Receptos was interviewing potential partners for its MS treatment.The company's CFO declined comment on the takeover interest.Receptos shares gained 5% Wednesday, closing at $173.44

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.


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