Benzinga's M&A Chatter for Tuesday February 2, 2015

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday February 2, 2015:
Syngenta-ChemChina Deal Could Be Announced WednesdayThe Rumor
:

ChemChina near a deal to acquire Syngenta
SYT
for approximately $42.2 billion, according to sources reported by
Reuters
on Tuesday. The deal likely will be announced on Wednesday, when Syngenta announces its 2015 results, the sources said. Syngenta declined comment on the report.
Benzinga
reported on December 9, 2015 that ChemChina would offer $44 billion in cash for Syngenta. Syngenta closed at $78.57 on Tuesday, up 6.20%.
Unconfirmed Market Chatter of Talks Between Las Vegas Sands-Wynn Resorts CEOsThe Rumor
:

Reports circulated Tuesday of a potential deal between Las Vegas Sands
LVS
and Wynn Resorts
WYNN
. "Sources" says LVS's Sheldon Adelson met with Steve Wynn regarding the matter. A source close to the situation said no talks took place and the same rumor had surfaced a month ago. Las Vegas Sands closed at $42.20 on Tuesday, down 5.44%. Wynn Resorts closed at $62.00, down 7.6%.
Ku6 Media Announces Formation of Independent Special Committee to Consider "Going Private" ProposalThe Special Committee
:

Ku6 Media Co., Ltd.
KUTV
announced Tuesday, that in response to the preliminary non-binding "going-private proposal received by the Company's Board of Directors from controlling shareholder Shanda Interactive Entertainment Limited, the Board has formed a special committee. Ku6 Media announced Monday, that the Board had received a preliminary non-binding proposal to acquire the company for $1.08 per ADS. Ku6 Media closed at $0.87 on Tuesday up 1.16%.
Fairchild Said to Accept Offer from Chinese Buyers
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The Rumor
:

Fairchild Semiconductor
FCS
is expected agree to a $2.5 billion buyout offer from China Resources Microelectronics and Hua Capital Management, according to sources as reported by the
NY Post
on Tuesday. Fairchild revealed the offer of $21.70 per share in early January. Fairchild had agreed in November to be acquired by ON Semiconductor
ON
for $20 per share, or about $2.4 billion. The Chinese deal would need approval from the US Committee on Foreign Investment. Fairchild Semiconductor closed at $20.75 on Tuesday, up 1.52%.
Roche Said to Approach Pacific Biosciences in Takeover AttemptThe Rumor
:

Roche Holding
RHHBY
has approached Pacific Biosciences of California Inc
PACB
to discuss a takeover, according to sources as reported by
Reuters
on Tuesday. There has been no agreement on price, the sources said. Roche declined comment. Pacific Biosciences did not respond to requests for comment. Pacific Biosciences closed at $12.67 on Tuesday, up 24.34%.
TE Connectivity to Acquire Creganna Medical Group for $895MThe Deal
:

TE Connectivity Ltd.
TEL
announced Monday, that it has agreed to acquire the Creganna Medical group for $895 million in cash. Upon completion of the transaction, the business will be reported as part of TE's Industrial Solutions segment. TE Connectivity closed at $54.81 on Tuesday, down 4.2%.
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