Benzinga's M&A Chatter for Wednesday September 25, 2013

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday September 25, 2013

:

MAKO Surgical

announced Wednesday it has agreed to be acquired by Stryker Corporation

for $30.00 per share in cash, or a total purchase price of $1.65 billion. The deal is expected to be dilutive to Stryker`s adjusted earnings per share excluding acquisition and integration-related charges by approximately $0.10-$0.12 in the first full year, neutral in year two and accretive thereafter. MAKO Surgical closed at $29.46 Wednesday, a gain of 82%.

:

Shares of Alcatel-Lucent,

spiked higher Wednesday on a report from

that Nokia

may seek to acquire Alcatel's wireless business or even possibly, the entire company, according to sources. A source said the two companies had held talks previously and may be open to further talks. The former Bell Labs was spun off by AT&T

in 1996 as Lucent Technologies. The stock hit a high of around $86.00 in 2000, before missed earnings estimates and questionable accounting practices sent the stock into a tailspin. Lucent merged with France's Alcatel in 2006. Microsoft

announced on September 2, it would acquire Nokia's devices & services business. Alcatel-Lucent closed at $3.58 Wednesday, and rose another 2% after-hours.

:

Sinclair Broadcast Group

announced Wednesday that it will acquire the broadcast assets of 8 television stations owned by New Age Media for $90 million. The deal is expected to close in late Q4 2013 or Q1 2014, subject to FCC approval. Sinclair Broadcast Group closed at $31.72 Wednesday, a gain of $0.20.