Benzinga's M&A Chatter for Monday January 14, 2013

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday January 14, 2013: Report of Dell Going Private The Rumor:
Shares of Dell DELL surged higher Monday, following LBO chatter reported by Bloomberg. Several banks have reportedly been contacted regarding financing for the deal, according to sources. A spokesperson for Dell declined comment on the rumor. Dell closed at $12.28 Monday, a gain of almost 13% on 5.5 times average volume. UPS Pulls Out of TNT Deal on Probable EU Rejection The Deal:
United Parcel Service UPS announced Monday the European Commission has informed UPS and TNT Express TNTEY that it is working on a decision to prohibit the proposed acquisition of TNT Express. Upon prohibition by the EC, the Offer Condition relating to EU Competition Clearance will not be fulfilled and UPS will pay TNT a termination fee in the amount of EUR 200 million and will withdraw the Offer. United Parcel Service closed at $79.24 Monday, a gain of 1.69% on twice average volume. Carl Icahn Takes 1.56% Stake in Transocean The Stake:
Investor Carl Icahn has acquired 1.56% of Transocean RIG, according to a statement from the company posted on their website. Icahn notified Transocean that he is seeking approval to potentially acquire voting securities of Transocean in an amount exceeding the $682.1 million Hart-Scott-Rodino threshold. Transocean shares rose initially on the news, hitting a high of $56.34 in early trading. Transocean closed at $53.93 Monday, a loss of $0.16 for the day on almost 4 times average volume. Report Nice in Talks to Acquire Verint for $1.5B in Cash and Stock Deal The Rumor:
Nice Systems NICE is reportedly in talks to acquire Verint Systems VRNT, according to the Calcalist. The deal reportedly will consist of $1.5 billion in cash and stock. Spokespersons for Nice and Verint could not be reached for comment. Verint Systems closed at $33.83 Monday, a gain of 7.4% for the day on almost 8 times average volume.
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