Benzinga's M&A Chatter for Tuesday August 11, 2015

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday August 11, 2015: Terex, Konecranes Announce All-Stock Merger The Deal:
Terex Corporation TEX and Konecranes Plc KNCRY announced Tuesday, that their Boards have approved a business combination agreement and merger of equals in an all-stock deal. The deal is expected to close in H1 of 2016. Terex closed at $26.59 on Tuesday, up 22%. Symantec Announces Sale of Veritas to The Carlyle Group for $8B in Cash The Deal:
Symantec Corp. SYMC announced Tuesday, that it has agreed to sell Veritas to an investor group led by The Carlyle Group CG and Singapore's sovereign wealth fund, for $8 billion in cash. The deal is expected to close by January 1, 2016. Symantec closed at $21.65 Tuesday, a loss of 5.5%. Sumitomo Life Insurance to Acquire Symetra Financial for $32/Share Cash The Deal:
Symetra Financial Corporation SYA announced Tuesday, that Sumitomo Life will acquire all of the outstanding shares of Symetra for $32.00 per share in cash at closing, plus a previously announced special dividend of $0.50 per share in cash, payable on August 28, 2015 to Symetra shareholders of record as of August 10, 2015. The deal is expected to close late in Q1 or early Q2 of 2016. Symetra Financial closed at $31.56 Tuesday, up 7%. CDK Global Reported to Explore Sale The Rumor:
Shares of CDK Global CDK spiked higher after-hours on Tuesday, following a Bloomberg report that the provider of IT services to the automotive retail industry, is in talks with private equity firms to see if they have any interest in buying the company, according to sources. said. Sachem Head is CDK's largest shareholder, with a 9.8% stake, while Elliott Management holds a 7.6% stake. CDK Global shares closed at $48.54 Tuesday, and traded at $55 after-hours.