Benzinga's M&A Chatter for Tuesday June 23, 2015

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday June 23, 2015:Hearing Unconfirmed Market Chatter of Potential GE Bid for 3D SystemsThe Rumor:
Shares of 3D Systems Corporation (NYSE: DDD) rose Tuesday on renewed chatter of a potential bid from General Electric Company (NYSE: GE). The potential pairing of GE and 3D has been frequently mentioned, the last time being May 19. Sources on that day said a deal could happen at $36.00 to $42.00 per share.Spokespersons for 3D Systems and GE did not respond to requests for comment.3D Systems shares closed at $21.66 on Tuesday, up 5.5%.Momo Receives Preliminary Non-Binding Go-Private Deal at $18.90/ADSThe Offer:
Momo Inc. (NASDAQ: MOMO) announced Tuesday, that its board of directors has received a non-binding proposal letter, dated June 23, 2015, from Momo Co-founder, Chairman and CEO Yan Tang , Matrix Partners China II Hong Kong Limited, Sequoia Capital China Investment Management L.P. and Huatai Ruilian Fund Management Co., Ltd., proposing a "going-private" transaction to acquire all of the outstanding Class A ordinary shares of Momo not already owned by the buyer group for 18.90 in cash per ADS.The Board has formed a special committee, which ‎plans to retain legal and financial advisors to assist it in evaluating the transaction.Momo shares rose almost 10% Tuesday, closing at $17.24.Uphill Further Increases Purchase Price for ISSU from $22 to $23/ShareThe Offer:
Integrated Silicon Solution, Inc. (NASDAQ: ISSI) announced Monday, that Uphill Investment Co. has increased the merger consideration to $23.00 per share in cash, from the $22.00 per share in cash pursuant to the Agreement of Merger dated as of March 12, 2015. The ISSI Board continues to recommend that ISSI's stockholders vote for the adoption of the Uphill Agreement. Cypress Semiconductor submitted a revised offer of $22.25 per share on June 22.Integrated Silicon Solution shares gained almost 4% Tuesday, to close at $23.37MELA Sciences Acquires XTRAC and VTRAC Businesses from PhotoMedex for $42.5MThe Deal:
MELA Sciences, Inc. (NASDAQ: MELA), announced Tuesday, that it has signed and completed the purchase of the XTRAC and VTRAC Dermatology business from PhotoMedex, Inc. for $42.5 million in cash and the assumption of certain business-related liabilities. MELA Sciences shares lost 23% Tuesday, closing at $1.33.