Benzinga's M&A Chatter for Friday March 22, 2013

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday March 22, 2013:

:

LJ International

announced Friday that it has entered into an agreement and plan of merger with Flora Bloom Holdings and Flora Fragrance Holdings Limited, pursuant to which Parent will acquire the Company for $2.00 per ordinary share of the Company. The Transaction is subject to the approval at a meeting of the Company's shareholders. LJ International closed at $1.89 Friday, a loss of $0.04 on 3 times average volume.

:

CBS

is reportedly paying $100 million to acquire the 50% stake in TV Guide owned by JP Morgan's One Equity Partners, according to

. If the deal is completed, CBS will become a 50-50 partner with Lionsgate Entertainment

who acquired TV Guide in February 2009 for $241.6 million. CBS closed at $45.98 Friday, a gain of $0.09 on average volume.

:

Private equity firms are losing interest in a deal for supermarket chain Harris Teeter

, according to

. Kroger

, privately-held Publix Supermarkets and Netherlands-based Koninklijke Ahold have been reported as possible buyers Harris Teeter closed at $42.60 Friday, a loss of 3% on average volume.