Wall Street's M&A Chatter From January 10

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday January 10, 2017:

Brookdale Senior Living Said to be in Talks with Blackstone, Others

The Rumor:

Brookdale Senior Living, Inc. BKD is said to be in talks with Blackstone Group LP BX and other potential buyers, according to sources as reported by the Wall Street Journal. The sources said the talks could involve a potential sale of all or part of Brookdale.

Activist investor Land and Buildings has urged the company to sell its owned real estate and distribute proceeds to shareholders.

Brookdale Senior Living closed Tuesday at $14.80, up 15.18 percent.

John Malone Says Comcast-Charter Merger Could Happen Under Trump Administration

The Chairman Comments:

Liberty Media Group LMCA Chairman John Malone said that the Trump presidency could open a new era of consolidation in the cable industry, according to Bloomberg. Malone said the three major cable companies could jointly acquire T-Mobile US Inc TMUS and said also we could see a Comcast Corporation CMCSA-Charter Communications CHTR merger.

Malone spoke at a Lions Gate Entertainment Corp. (USA) LGF investor event.

Representatives for Comcast and Charter didn’t immediately respond to requests for comment, while a T-Mobile spokesperson declined comment.

Charter closed at $298.20, up $1.94. T-Mobile closed at $58.74, up 3.65 percent.

Dealreporter Says Facebook Could Bid for Netflix

The Rumor:

Shares of Netflix, Inc. NFLX rose to a high of $132.22 as DealReporter said the movie streaming company could be a takeover target for Facebook Inc FB. Walt Disney Co DIS has also been mentioned recently as a possible buyer.

Netflix closed at $129.89 on Tuesday, down $1.06.

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