Wall Street's M&A Chatter From January 9

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday January 9, 2017.

Takeda to Acquire ARIAD Pharmaceuticals, Inc. for $24/Share Cash

The Deal:

Takeda Pharmaceutical and ARIAD Pharmaceuticals, Inc. ARIA have entered into a definitive agreement under which Takeda will acquire all of the outstanding shares in ARIAD for $24.00 per share in cash, for an enterprise value of approximately $5.2 billion. The transaction has been approved unanimously by the boards of directors of both companies, and is expected to close by the end of February 2017.

Ariad closed Monday at $23.74, up 72.82 percent.

VCA to be Acquired by Mars for $93/Share

The Deal:

Mars, Incorporated and VCA Inc WOOF announced an agreement under which Mars will acquire all of the outstanding shares of VCA for $93 per share, for a total value of approximately $9.1 billion including $1.4 billion in outstanding debt. The transaction is expected to close in Q3 of 2017.

VCA closed at $90.72 on Monday, up 28.18 percent.

3D Systems Said to Hire Investment Banker After GE Approach

The Rumor:

Shares of 3D Systems Corporation DDD rose Monday on unconfirmed market chatter of an approach from General Electric Company GE. "Sources" say the offer is $18 per share in cash.

3D hired investment bankers to handle the takeover interest, the sources said.

3D Systems closed at $16.73 on Monday up 15.7 percent.

Blackstone No Longer in Talks to Buy $5B Stake in Energy Transfer Assets

The Rumor:

Blackstone Group BX has ended discussions to acquire a $5 billion stake in Energy Transfer Partners LP ETP, according to sources as reported by Bloomberg. Sources say the talks collapsed after a December 22 report by the Wall Street Journal disclosed the potential deal.

A Blackstone representative declined comment on today's reports, while a representative of Energy Transfer did not respond to a request for comment.

Energy Transfer Partners closed at $36.53 on Monday, down 2.43 percent.

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