Benzinga's M&A Chatter for Wednesday January 9, 2013

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday January 9, 2013: Hearing Unconfirmed Renewed Chatter of GE Bid for Joy Global The Rumor:
General Electric GE is once again rumored to be making a bid to acquire Joy Global JOY, according to unconfirmed sources. The rumored offer is $78 per share. GE has been mentioned on several occasions as a potential buyer for Joy. A note from William Blair in September 2012, mentioned GE as a "likely" buyer. A spokesperson for Joy Global declined comment on the rumor. A GE spokesperson was not available. Joy Global closed at $67.97 Wednesday, a gain of 1.36% on average volume. Skullcandy Potential Takeover Target, According to Bloomberg The Rumor:
Shares of Skullcandy SKUL rose as high as $7.40 Wednesday, on a report from Bloomberg the company could be a takeover target. Sony SNE was mentioned as a potential buyer for Skullcandy, whose IPO debuted in July 2011. Skullcandy closed at $7.14 Wednesday, a gain of almost 4% on 3.5 times average volume. Richard Schulze Still Actively Pursuing Best Buy Bid The Rumor:
Founder Richard Schulze is still trying to takeover his former company Best Buy BBY, according to Deal Reporter. Schulze has been performing due diligence since January 1, according to a source familiar with the situation. Schulze offered $24 to $26 to acquire Best Buy on August 6, 2012. Best Buy closed at $11.59 Wednesday, a loss of almost 2% for the day on average volume.