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The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday September 28, 2012:
Allscripts Hires Citigroup to Explore Sale According to SourcesThe Rumor:
Allscripts
MDRX has hired Citigroup to explore a possible sale, according to sources reported by
Bloomberg. Blackstone Group
BX is one the potential buyers mentioned. Allscripts was last mentioned as a takeover target in May. On May 26 the Board of Directors approved the adoption of a Stockholder Rights Plan under which stockholders will receive rights to purchase shares of a new series of preferred stock in certain circumstances.
A spokesperson for Allscripts declined comment on the report for "competitive reasons."
Allscripts closed at $12.42 Friday, a gain of 14.15% on 7 times average volume.
Hearing Monster Worldwide Still in Takeover Talks with Private EquityThe Deal:
Monster Worldwide
MWW is still in talks to be acquired by private equity, according to
dealReporter. The company confirmed to Benzinga on September 11 it was still in talks to sell itself. Many companies have been rumored as potential buyers, including Microsoft
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, Oracle
ORCL, News Corp
NWSA and Salesforce.com
CRM.
Monster Worldwide closed at $7.33 Friday, a gain of 0.14% on average volume.
Hearing Vale to Bid for MolycorpThe Rumor:
Brazil's Vale
VALE is in talks to acquire Molycorp
MCP, according to sources. Rio Tinto
RIO was rumored in April to be making an investment in the rare earth company.
A Vale spokesperson told Benzinga the rumor was "not true." A spokesperson for Molycorp declined comment on the report.
Molycorp closed at $11.50 Friday, a gain of 0.52% on lower than average volume.
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