Benzinga's M&A Chatter for Tuesday April 30, 2013

Loading...
Loading...
The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday April 30, 2013:
InterMedia Partners VII, L.P. and InterMedia Outdoors Holdings, LLC Offer $9.15/Share for Outdoor Channel HoldingsThe Deal
:

InterMedia Partners VII, L.P. and InterMedia Outdoors Holdings, LLC offered to acquire Outdoor Channel Holdings
OUTD
on Tuesday for $9.15 per share in cash. Kroenke Sports & Entertainment has a pending deal with Outdoor Channel at $8.75 per share. Tuesday's offer was submitted in a letter to Outdoor Channel's Board of Directors. Outdoor Channel Holdings closed at $8.75 Tuesday and traded over $9.50 after hours.
Hearing Unconfirmed Market Chatter of Potential Google Bid for YelpThe Rumor
:

Yelp
YELP
was the subject of renewed takeover chatter on Tuesday. Google
GOOG
Loading...
Loading...
is reportedly prepared to offer $37 per share for Yelp, according to unconfirmed market chatter.
AllThingsD
reported on March 7 that Yahoo
YHOO
might have an interest in acquiring Yelp. Spokespersons for Yelp and Google were not available for comment. Yelp closed at $26.03 Tuesday, a loss of 2% on 1.5 times average volume.
Avago Technologies Acquires Javelin SemiconductorThe Deal
:

Avago Technologies
AVGO
announced Tuesday that it has acquired Javelin Semiconductor, an innovator of high performance radio frequency and mixed signal CMOS integrated circuits for wireless communications. The acquisition of Javelin is not expected to have a material effect on Avago's financial condition or results of operations in the near term. Avago Technologies closed at $31.96 Tuesday, a loss of almost 2% on twice average volume.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsRumorsM&AAfter-Hours CenterMovers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...