Benzinga's M&A Chatter for Wednesday January 16, 2013

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday January 16, 2013:
Carl Icahn Takes Small Stake in HerbalifeThe Stake
:

Investor Carl Icahn has told other investors, that he has taken a small position in Herbalife
HLF
, according to
WSJ
. Icahn reportedly purchased his shares following the December 20 presentation by Bill Ackman, where Ackman called Herbalife a "pyramid scheme". Ackman is short 20 million shares of Herbalife. Herbalife closed at $45.06 Wednesday, a loss of 2.5% on higher than average volume.
E-Land Reportedly to Buy K-Swiss for $189MThe Rumor
:

Shares of K-Swiss
KSWS
surged higher after hours on a report from
Korea Economic Daily
that E-Land would acquire the Westlake Village, CA apparel company for $189M. A spokesperson for K-Swiss was not available for comment on the report. K-Swiss closed at $3.19 Wednesday, but traded at $5.00 after hours, a gain of 56%.
Hewlett-Packard Gets Calls from Potential Buyers for Autonomy, EDS, Says 'No Thanks'
The Rumor
:

Shares of Hewlett-Packard
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HPQ
rose Wednesday, on reports of interest in their Autonomy and EDS divisions. HP officially declined comment, but there are reports the company has received calls on the two divisions and apparently said "no thanks" to all interested parties. Hewlett-Packard closed at $17.21 Wednesday, a gain of 4% for the day on 1.5 times average volume.
Hearing Interest Continuing to Decline for True Religion DealThe Rumor
:

Deal Reporter
reported Wednesday that interest in a deal for True Religion Apparel
TRLG
is continuing to decline. Detwiler mentioned in a note on January 8, that poor holiday sales could kill any chances for a deal in the short-term. True Religion Apparel closed at $24.86 Wednesday, a gain of $0.04 for the day on higher than average volume.
Hearing Silver Lake Raising $7B, Possibly for Dell Buyout DealThe Rumor
:

Silver Lake Partners reportedly is raising $7 billion for a buyout fund that could be used in the takeover of Dell, according to
Bloomberg
.
WSJ
reported KKR
KKR
was not bidding on Dell at this time. CNBC's David Faber reported Tuesday, Dell could be taken private for $13.50 to $14.00 per share. Dell closed at $12.61 Wednesday, a loss of 4% for the day on 3 times average volume.
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