Benzinga's Weekend M&A Chatter

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday June 10 through Sunday June 12, 2016:

:

Bayer AG

has reiterated its $122 bid or $62 billion for Monsanto Co.

, as reported by

on Friday. Sources say Bayer has indicated in a letter to Monsanto, that it has lined up financing for a takeover and is confident it can successfully handle any regulatory concerns. Last month, Monsanto rejected Bayer's offer as being too low. Monsanto fell $0.79 Friday, to close at $109.20.

:

Quicken Loans founder Dan Gilbert and AT&T

have each offered $5 billion for Yahoo's core Internet business, patents and real estate assets, according to sources as reported by

on Friday. Verizon is said to be offering $3.5 to $4.0 billion for only the Internet business. The final round of bids for Yahoo assets is expected this week. Yahoo closed at $36.83 on Friday, down 1.39%.

:

Westlake Chemical Corporation

and Axiall Corporation

announced Friday, that Westlake will acquire all of the outstanding shares of Axiall for $33.00 per share in cash. The enterprise value of the deal is approximately $3.8 billion. The transaction is expected to be completed by Q4 of 2016. Axiall closed at $32.56 on Friday, up 26.15%.

:

Dr. Reddy's Laboratories

has entered into an agreement with Teva Pharmaceutical Industries Ltd.

and an affiliate of Allergan plc

, to acquire a portfolio of eight Abbreviated New Drug Applications in the U.S. for $350 million in cash at closing. The deal is contingent on the closing of the Teva-Allergan generics transaction and approval by the FTC. Dr. Reddy's closed at $45.10 on Friday, down 1.5%.

:

Symantec

and Blue Coat, Inc. announced Sunday, that Symantec will acquire Blue Coat for approximately $4.651 billion in cash. Greg Clark, CEO of Blue Coat, will become CEO of Symantec at the close of the transaction. Symantec closed at $17.30 on Friday, down $0.09.