Benzinga's M&A Chatter for Thursday October 6, 2016

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday, October 6, 2016: QUALCOMM Said to be Making Progress on NXP Deal The Rumor:
Shares of Qualcomm QCOMand NXP Semiconductors NXPI spiked higher Thursday, on a report from Bloomberg of progress toward a potential takeover of NXP by Qualcomm. Sources say the deal would be 75% cash and 25% in stock. There are no potential buyers other than Qualcomm the sources said. CNBC's David Faber reported earlier that talks between the two companies are continuing but a deal is not imminent. NXP closed at $103.49 on Thursday, up $0.99. Qualcomm closed at $67.54 on Thursday, up 1.05%. Twitter Sells off on Reports Google, Disney, Apple Won't Bid The Rumor:
Shares of Twitter TWTR sold off Thursday, following a report from Recode on Wednesday, that Disney DIS and also Google GOOGL and Apple AAPL would not bid for the social media company. according to sources. Benzinga reported Thursday that talks between Salesforce CRM and Twitter began in July, according to sources, with little or no premium to the current price being discussed. Various sources are reporting that a Twitter acquisition by Salesforce is also unlikely. Twitter closed at $19.87 on Thursday, down 20%. Hearing Renewed Takeover Chatter in Whole Foods The Rumor:
Whole Foods WFM spiked higher Thursday, on unconfirmed market chatter of a potential $40 per share bid from Kroger KR. Whole Foods is a frequent takeover name, with Publix mentioned on several occasions as a potential suitor. Whole Foods closed at $29.33 on Thursday, up 4.90%.