Benzinga's M&A Chatter for Tuesday June 18, 2013

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday June 18, 2013:
Huawei Says it has No Plans to Acquire NokiaThe Rumor
:

Shares of Nokia
NOK
surged higher Tuesday on comments by Richard Yu, chairman of Huawei's consumer business group, and published on
FT.com
, that his company would consider buying the Finnish mobile communications company. Huawei later emailed
Benzinga
with their official statement that they have 'no plans to acquire Nokia.' A Nokia spokesperson declined comment on the report. Nokia closed at $3.86 Tuesday, a gain of 4.5% on 4 times average volume.
Hearing Renewed Market Chatter of Lenovo Bid for BlackBerryThe Rumor
:

Shares of BlackBerry
BBRY
rose Tuesday on renewed market chatter of a potential bid from Lenovo
LNVGY
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. A spokesperson for Lenovo declined comment on the rumor, while reiterating that the January 24 comments by Lenovo's CFO, Wong Wai Ming, regarding a possible BlackBerry acquisition, were taken out of context. A BlackBerry spokesperson was not available for comment. BlackBerry closed at $14.84 Tuesday, a gain of 3.78% on average volume.
Yahoo Considering $50M Qwiki AcquisitionThe Rumor
:

Yahoo
YHOO
is considering an acquisition of app maker Qwiki for as much as $50 million, according to
AllThingsD
. Qwiki makes an Apple iPhone app that permits users to create movies from photos, music and videos. Yahoo closed at $26.66 Tuesday, a gain of $0.12 on lower than average volume.
MIT Capital Bids $3.65/Share in Cash for Meade InstrumentsThe Offer
:

MIT Capital, through its wholly-owned subsidiary, Inc., proposed Tuesday to acquire all of the outstanding common shares of Meade Instruments
MEAD
for $3.65 per share in cash. That's a $0.20 per share premium above the Meade Board-recommended offer made by JOC North America LLC for Meade on May 17, 2013. Meade Instruments closed at $3.65 Tuesday, a gain of 5% on 4 times average volume.
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