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The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday January 20, 2015
Hearing Unconfirmed Renewed Takeover Chatter in 3D SystemsThe Rumor:
Shares of 3D Systems Corporation
DDD spiked higher in early trading Tuesday on unconfirmed market chatter that General Electric Company
GE and International Business Machines Corporation
IBM could offer in the $50's per share for 3D.
A spokesperson for 3D Systems told Benzinga that the company's strategy has not changed,,,"we we plan to continue to be leaders and innovators and grow to be one of the 800 lb gorillas in the industry." Spokespersons for IBM and GE were not available for comment.
3D Systems shares closed Tuesday at $29.32, a gain of 2%.
EnergyPlugged Reports India's ONGC Could be in Talks to Acquire Chesapeake EnergyThe Rumor:
Shares of Chesapeake Energy Corporation
CHK surged higher Tuesday, on a
report from EnergyPlugged.com, that India's energy giant Oil and Natural Gas Corporation Limited could be in talks to acquire Chesapeake, according to industry sources.
Spokespersons for Chesapeake and ONGC did not respond to requests for comments.
Chesapeake Energy shares gained $0.05 Tuesday, closing at $19.08.
Salix Working With Centerview Partners to Explore Options, Including SaleLoading...
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Shares of Salix Pharmaceuticals Ltd.
SLXP spiked higher Tuesday, following a report from
Reuters, that the company has hired Centerview Partners to explore options, including a potential sale. The stock was halted briefly on a circuit-breaker.
A Salix spokesperson declined to comment. Centerview Partners did not immediately respond to a request for comment.
Salix Pharmaceuticals shares gained 4.5% Tuesday, closing at $125.83.
Hearing Orbitz Exploring Potential SaleThe Rumor:
Shares of Orbitz Worldwide
OWW spiked higher Tuesday, on a report from
Bloomberg that the company was exploring a potential sale and has hired a financial advisor, according to sources. Shares were halted briefly on a circuit-breaker. Google, Inc.
GOOGL is being mentioned as a potential buyer.
An Orbitz spokesperson declined comment on the rumor.
Orbitz Worldwide shares gained 8.5% Tuesday, closing at $9.95.
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