Benzinga's Weekend M&A Chatter

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday April 10 through Sunday April 12, 2015: Avid Technology to Acquire Orad Hi-Tec Systems for €5.67/Share The Deal:
Avid Technology, Inc. AVID announced Sunday, that it has agreed to acquire provider of state-of-the-art 3D real-time graphics, Orad Hi-Tec Systems, for €5.67 per share in cash. The deal is expected to close in June 2015. Avid closed Friday at $15.69, a gain of 3.5%. EU Antitrust Regulators Resume Investigation of Siemens' Bid for Dresser-Rand The Investigation:
EU antitrust regulators have restarted their probe into Siemens' SIEGY $7.6 billion bid for Dresser-Rand Group DRC, according to Reuters. A decision is expected from the regulators on the deal by July 24. The inquiry was halted between March 19 and March 27, while the commission waited for additional information from Siemens. Dresser-Rand shares gained $0.03 Friday, closing at $81.97. Excel Trust to Be Acquired by Blackstone for $15.85/Share The Deal:
Excel Trust, Inc. EXL announced Friday, that it has entered into an agreement to be acquired by Blackstone Property Partners L.P. BX for $15.85 per share in cash, in a transaction valued at approximately $2 billion. The transaction has been unanimously approved by Excel Trust's Board of Directors and is expected to close in H2 of 2015. Excel Trust shares gained more than 14% Friday, closing at $15.82. Amazon Acquires Shoefitr The Deal:
Amazon.com Inc. AMZN has acquired Pittsburgh startup Shoefitr. The deal was first reported by Pittsburgh Business Times on April 8. Terms were not disclosed. Amazon shares lost $0.89 Friday, closing at $382.65.
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