Benzinga's M&A Chatter for Thursday September 8, 2016

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday September 8, 2016:

Google to Purchase Apigee for $17.40/Share

The Deal:
Google (NASDAQ: GOOGL) announced on Thursday it is acquiring cloud software company Apigee Corp (NASDAQ: APIC) for about $625 million, or $17.40 per share. The transaction is expected to close by the end of 2016.

Apigee closed Thursday at $17.41, up 6.55%.

Twitter Said To Have 'No Bids On The Table'

The Rumor:
Shares of Twitter (NASDAQ: TWTR) fell sharply Thursday, as CNBC reported that Thursday's Board meeting won't include discussion about a possible sale. There has been mention of potential interest from Google (NASDAQ: GOOGL), Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), Salesforce (NYSE: CRM) and Apple (NASDAQ: AAPL), but there are said to be no bids on the table, according to sources.

Twitter closed at $18.70 on Thursday, down 5.89%.