Benzinga's Weekend M&A Chatter

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday September 23 thru Sunday September 25, 2016:

:

Twitter (NYSE:

) shares soared Friday following a report from

David Faber, that the social media company is preparing to sell itself and has hired Goldman Sachs to handle potential offers. Alphabet Inc (NASDAQ:

) and salesforce.com, inc. (NYSE:

) are among the potential buyers, according to Faber. The

reported Sunday that Salesforce CEO Marc Benioff is considering a bid for Twitter and talks between the companies are at an early stage. Verizon (NYSE:

) is also seen as a potential buyer for Twitter, according to various media reports. Twitter declined comment on the rumor. Twitter closed at $22.62 on Friday, up 21.42%.

:

LANXESS (OTC:

) announced Sunday, it has signed a contract to acquire specialty chemicals company Chemtura orporation (NYSE:

) for $33.50 per share in cash or $2.5 billion. The transaction is expected to close in mid-2017, subject to approval by Chemtura shareholders. Chemtura closed at $28.18 on Friday, up 2.29%.

:

Office Depot, Inc. (NASDAQ:

) announced Friday, that it intends to sell its European business to The AURELIUS Group. The transaction is expected to close by the end of 2016. Office Depot closed at $3.712 on Friday, up $0.08.