Market Overview

Benzinga's M&A Chatter for Monday November 25, 2013

Benzinga's M&A Chatter for Monday November 25, 2013

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday November 25:

Sears Denies Report Sears Canada is for Sale

The Rumor:
Shares of Sears Holdings (NASDAQ: SHLD) rose sharply early Monday on a report from NY Post Chairman Eddie Lampert was considering a possible sale of the Canadian retail unit. Sears later denied the report, saying it was "false."

Sears Holdings closed Monday at $65.80, a gain of 7% on 1.5 times average volume.

Harris Interactive to be Acquired by Nielsen for $2.00/Share

The Deal:
Harris Interactive (NASDAQ: HPOL) announced Monday that it has agreed to be acquired by Nielsen Holdings (NYSE: NLSN) for $2.00 per share. Nielsen will commence a tender offer to acquire all of the outstanding shares of Harris Interactive's common stock through a wholly owned subsidiary formed for the purpose of making the offer.

The deal is expected to close in Q1 2014.

Harris Interactive closed Monday at $1.99, a loss of 4%.

Report 3 Companies Looking at Potential Given Imaging Takeover

The Rumor:
Shares of Given Imaging (NASDAQ: GIVN) moved higher after the open Monday, on a report from Israel's Globes that three companies, which may include Johnson & Johnson (NYSE: JNJ), Samsung Electronics (OTC: SSNLF) and Fujifilm Holdings (OTC: FUJIY). Given Imaging declined comment on the rumor.

Given Imaging closed Monday at $22.63, a gain of 6.5% on 7 times average volume.

Posted-In: News Rumors M&A Global Movers


Related Articles (GIVN + FUJIY)

View Comments and Join the Discussion!

Sprouts Farmers Market Prices 17M Share Offering by Selling Stockholders at $37.00/Share

UPDATE: Real Goods Solar CFO Tony DiPaolo On Q3 Improvements, Hitting Break-Even And More