Benzinga's M&A Chatter for Thursday August 18, 2016

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday August 18, 2016:
Enterprise Products Approached Williams Cos Regarding AcquisitionThe Rumor
:

Enterprise Product Partners
EPD
is said to have pproached Williams Companies Inc
WMB
regarding a takeover earlier this summer, according to sources as reported by
Reuters
on Thursday. Williams never responded official to the Enterprise offer, which has little or no premium, the source said. Enterprise and Williams did not immediately respond to requests for comment. Williams Cos closed Thursday at $28.11, up 7.87%.
Och-Ziff Capital Management Considered Sale of Part of Co Earlier This YearThe Rumor
:

Och-Ziff Capital Management is said to have explored a partial sale earlier this year, according to sources, as reported by the
Wall Street Journal
on Thursday. Company representatives spoke to private equity firms as well as asset managers, Pimco regarding a sale of part of its business, but talks are no longer ongoing, the sources said. Och-Ziff Capital Management closed at $4.209, up 6.60%.
Report of $30B Thermo Fisher Bid for IlluminaThe Rumor
:

Shares of Illiumima
ILMN
surged to $182.67 on Thursday, following a report from
Street Insider
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that Thermo Fisher Scientific
TMO
could bid $30B, according to sources. Multiple analysts were doubtful such a deal could take pace.
Benzinga
first reported the sale chatter in Illumina earlier on Wednesday. Illumina declined comment on the report. Illumina closed at $172.37 on Thursday, up 1.9%.
Retrophin Considers Acquisition of Raptor PharmaceuticalThe Rumor
:

Retrophin
RTRX
is said to be considering a takeover of Raptor Pharmaceutical Corp.
RPTP
, according to sources as reported by
Bloomberg
late Wednesday. Raptor was one of several stocks
Benzinga
mentioned Wednesday as potential takeover targets. Raptor Pharmaceutical closed at $7.49 on Thursday, up 8.55%.
Skullcandy Board Determines $6.35/Share Offer from Mill Road Capital Superior to Incipio TransactionThe Superior Offer
:

Skullcandy, Inc.
SKUL
announced Thursday, that on August 17, 2016 it received a written proposal from Mill Road Capital Management LLC to acquire Skullcandy for $6.35 per share in cash. Skullcandy's Board of Directors determined that the Mill Road Proposal constitutes a superior proposal as defined in the previously announced definitive merger agreement with Incipio. Skullcandy notified Incipio of the Skullcandy Board's intention to terminate the Incipio agreement on August 23. Skullcandy closed at $6.41 on Thursday, unchanged.
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