The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday October 3 through Sunday Ocober 5, 2014:BD to Acquire CareFusion for $12.2B in Cash, StockThe Deal
Becton, Dickinson and CompanyBDX
and CareFusion CorporationCFN
announced Sunday, a definitive agreement under which BD will acquire CareFusion for $58.00 per share in cash and stock, or a total of $12.2 billion. CareFusion shareholders will receive $49.00 in cash and 0.0777 of a share of BD for each share of CareFusion, for a total of $58.00 per CareFusion share based on BD's closing price as of October 3, 2014. The deal is expected to close in H1 of calendar year 2015. CareFusion shares closed Friday at $46.17, a gain of almost 2%.Hearing Unconfirmed Takeover Chatter in Mead JohnsonThe Rumor
Shares of Mead Johnson Nutrition CompanyMJN
rose Friday, following a report Friday fromFinancial Times
, that France's DanoneDANOY
, maker of Dannon Yogurt, was in talks to sell its medical nutrition unit to Germany's FresniusFSNUF
, in deal that could value the business at as much as €3 billion, according to sources. Mead Johnson is also seen as a potential takeover target in the sector. Mead Johnson shares gained 2.5% Friday to close at $96.54.Report Platform Specialty Products in Talks to Acquire Arysta LifescienceThe Rumor
Platform Specialty Products Corp.PAH
is in advanced talks to acquire Arysta LifeScience Ltd. for around $3.5 billion, according to
The maker of messaging app MessageMe has been acquired, by Yahoo! Inc. YHOO, as confirmed on the company web site on Friday. MessageMe says the application will be shutting down as of November 7, 2014. According to a report from WSJ on Friday, Yahoo was also planning an investment in Snapchat, according to sources, that would value the disappearing message company at ~$10 billion. Snapchat has 100 million uers and almost no revenue. Yahoo shares closed Friday at $41.03, a gain of more than 1%.
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