Benzinga's M&A Chatter for Monday July 8, 2013

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday July 8, 2013: Report Jones Group Considering Sale of All or Part of Company The Rumor:
Shares of Jones Group JNY spiked as high as $17 per share Monday on a report by Bloomberg that the Jones New York/Nine West owner is considering to sell all or part of the company. Jones shares rose about $1.00 Friday on a Deal Reporter story mentioning chatter of a possible deal. Jones Group closed at $15.75 Monday, a gain of 7.5% on 6 times average volume. Avnet to Acquire European Distributor MSC Investoren GmbH The Deal:
Avnet AVT announced Monday that it has entered into an agreement to acquire electronic component distributor MSC Investoren GmbH. Avnet will acquire a majority interest in MSC Group after regulatory approval and the remainder of the company within a short time frame. Avnet closed at $34.51 Monday, a loss of $0.48 on lower than average volume. ISS Recommends Dell Shareholders Vote “FOR” Proposed Sale at $13.65/Share in Cash The Recommendation:
The Special Committee of the Board of Directors of Dell DELL announced Monday that Institutional Shareholder Services has recommended that Dell shareholders vote FOR the proposed sale transaction for $13.65 per share in cash. Shareholders Southeastern and Carl Icahn issued a statement responding to the ISS recommendation saying it "did not appear to address fair value for Dell's stockholders." Dell shareholders will vote on the $13.65 per share buyout proposal on July 18. Dell closed at $13.44 Monday, a gain of 3% on 2.5 times average volume. Hasbro Acquires 70% Interest in Backflip Studios for $112M in Cash The Deal:
Hasbro HAS announced Monday the acquisition of a 70% stake in Backflip Studios, the developer of the mobile games DragonVale, NinJump and Paper Toss. Hasbro paid $112 million in an all cash transaction. Hasbro closed at $46.71 Monday, a gain of $0.10 on average volume.