Benzinga's M&A Chatter for Tuesday July 14, 2015

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday July 10 through Sunday July 12, 2015:

China's Tsinghua Unigroup Said to Plan $23B Bid for MicronThe Rumor

Wall Street Journal reported late Monday, that China's Tsinghua Unigroup plans to offer $23 billion, or $21 per share for Micron Technology, Inc. MU, according to sources. A spokesperson for Micron said they had not received a proposal. Micron shares rose more than 11% Tuesday, closing at $19.61. Celgene to Acquire Receptos for $232/Share in Cash The Deal:
Celgene Corporation CELG and Receptos, Inc. RCPT announced Tuesday, an agreement whereby Celgene will acquire Receptos for $232.00 per share in cash, or approximately $7.2 billion. The deal is expected to close in 2015. Receptos shares closed at $207.18 on Tuesday and traded as high as $230.99 after-hours. Celgene closed the regular session at $122.85 and traded as high as $130.59 after-hours. AMC Theatres To Acquire Starplex Cinemas For ~$172M Cash The Deal:
AMC Theatres AMC and Starplex Cinemas announced Tuesday, that the companies have agreed that AMC will acquire Starplex for approximately $172 million in cash. The companies expect the deal will close by the end of 2015. AMC shares rose 2.5% Tuesday, closing at $32.64. IAC's The Match Group To Acquire PlentyOfFish For $575M The Deal:
The Match Group, a subsidiary of IAC/InterActiveCorp IACI, announced Tuesday that it has entered into a definitive agreement to acquire dating site PlentyOfFish for $575 million in cash. The transaction is expected to close early in Q4. IAC shares rose more than 2% Tuesday, closing at 84.89. Twitter Shares Spike on Rumor from Fake 'Bloomberg' Site The Fake Rumor:
Shares of Twitter TWTR spiked higher Tuesday, on what first appeared to be a

report from

Bloomberg

, that Twitter had received an offer of $31 billion. The story appeared on the website Bloomberg.Market, which after review, was determined by

Benzinga

to have been registered by a company out of either Panama or Peru, using the registrar Namecheap.com and was not registered to Bloomberg LP. Bloomberg LP later said the Twitter story was fake and Twitter denied reports of a potential deal. The registrar Namecheap.com told

Benzinga

they had no instructions to remove the domain or the website and said were out of the loop on this issue. Twitter shares, which spiked as high as $38.82 on the rumor, closed at $36.72, a gain of more than 2.5%.

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