Benzinga's Weekend M&A Chatter

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday September 23 thru Sunday September 25, 2016:
Twitter Said to be Exploring SaleThe Rumor
:

Twitter
TWTR
shares soared Friday following a report from
CNBC's
David Faber, that the social media company is preparing to sell itself and has hired Goldman Sachs to handle potential offers. Alphabet Inc
GOOGL
and salesforce.com, inc.
CRM
are among the potential buyers, according to Faber. The
Wall Street Journal
reported Sunday that Salesforce CEO Marc Benioff is considering a bid for Twitter and talks between the companies are at an early stage. Verizon
VZ
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 to Acquire Chemtura for $33.50/Share in Cash
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The Deal
:

LANXESS
LNXSF
announced Sunday, it has signed a contract to acquire specialty chemicals company Chemtura orporation
CHMT
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 to Sell European Operations Aurelius RhoThe Deal
:

Office Depot, Inc.
ODP
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.
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Posted In: NewsRumorsM&AMovers
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