Benzinga's Weekend M&A Chatter

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday August 7 through Sunday August 9, 2015 Snap-on Acquires Ecotechnics for $13M in Cash The Deal:
Snap-on Incorporated SNA announced Friday, that it acquired the assets of Ecotechnics S.p.A., a designer and manufacturer of automatic vehicle air conditioning maintenance equipment, for approximately $13 million in cash. Snap-on closed at $166.15 on Friday, a gain of $0.19. Berkshire Hathaway Nears Deal to Acquire Precision Castparts The Rumor:
Berkshire Hathaway Inc BRK is close to a deal to acquire Precision Castparts Corp PCP, as reported by the Wall Street Journal on Saturday. The deal that could be valued at more than $30 billion, according to sources. That would indicate a price of roughly $215 to $220 per share for Precision Castparts. The deal could be announced as soon as this week. Precision Castparts closed at $193.88 Friday, a gain of $0.07. Symetra in Talks to Sell Itself The Rumor:
Share of Symetra Financial Corp SYA spiked higher late Friday, on a report from Reuters that the ensurer has been considering a potential sale, according to sources. Symetra reportedly has been working with investment bankers and has spoken to possible buyers, though a deal is not imminent, said the sources. A spokesperson for Symetra declined comment on the rumor. Symetra closed at $26.77 Friday, a gain of 9.5%. Pearson Preparing to Sell Economist Stake for £400m The Rumor:
Pearson PSO could announce the sale of its stake in the publisher of The Economist for £400m, as soon as this week, according to sources, as report by Financial Times. The likely buyers are the De Rothschild family and Exor EXOSF, say the sources. Pearson agreed last month to sell the Financial Times to Nikkei last month for £844m. Pearson closed at $18.45 Friday, a loss of $0.05.