Benzinga's M&A Chatter for Monday April 4, 2016

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday April 4, 2016:

:

Alaska Air Group, Inc.

and Virgin America, Inc.

confirmed Monday, that their boards approved the acquisition of Virgin America by Alaska Air Group for $57.00 per share in cash. Alaska Air reportedly bid $1 billion more than Jet Blue

. The deal is expected to close no later than January 1, 2017. Virgin America closed at $55.11 on Monday, up 41.7%.

:

Repligen Corporation

announced Monday, that it has acquired Germany's Atoll GmBH for $22.5 million in cash and stock. The purchase price includes $9.1 million in cash and 538,700 shares of Repligen common stock. Repligen closed at $26.89 on Monday, down $0.03.

:

Brocade

and Ruckus Wireless

announced Monday, that Brocade has agreed to acquire Ruckus Wireless for $1.5 billion in cash and stock. Ruckus shareholders will receive $6.45 in cash and 0.75 shares of Brocade common stock for each share of Ruckus common stock, or $14.43 per share. Ruckus Wireless closed at $13.24 on Monday, up 32.40%.