Market Overview

Wall Street's M&A Chatter From December 15


The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday December 15, 2016.

Verizon Said to be Considering Dropping Yahoo! Deal

The Rumor:

Verizon Communications Inc. (NYSE: VZ) could consider backing out of the deal to acquire Yahoo! Inc. (NASDAQ: YHOO), according to Bloomberg. The report said Verizon could renegotiate the deal or walk away to pursue a bigger deal for content and video, to keep pace with rival AT&T (NYSE: T), who is acquiring Time Warner (NYSE: TWX). Yahoo announced on Wednesday that one billion accounts were accessed by an unauthorized third-party in August 2013.

Yahoo closed at $38.41 on Thursday, down 3.15 percent.

Hearing Renewed Whole Foods Takeover Chatter

The Rumor:

Shares of Whole Foods Market, Inc. (NYSE: WFM) rose on renewed takeover chatter. Publix was mentioned as the rumored buyer once again. A Publix spokesperson declined comment on the rumor.

Whole Foods closed Thursday at $31.68, up 1.51 percent.

CNBC's Faber Saying No Kraft-Heinz Mondelez Talks Going On Now

The Rumor:

CNBC's David Faber said that there are currently no ongoing talks between Mondelez (NASDAQ: MDLZ) and Kraft-Heniz Co (NASDAQ: KHC). On Wednesday, Bilanz reported that Kraft-Heinz was seeking an acquisition the maker of Oreos and Cadbury, with help from Brazil's 3G and investor Warren Buffet.

Mondelez closed Thursday at $44.71, up 4.39 percent.

Posted-In: M&A News Rumors


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