Benzinga's M&A Chatter for Wednesday October 1, 2014

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday October 1:

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Shares of Angie's List

rose as high as $8.73 Wednesday, following a report from

Tuesday that the company had hired bankers to explore strategic options, including a potential sale of the company. A spokesperson for Angie's List told

via email Wednesday, that the company would not issue a response to the rumor. Shares of Angie's List pulled back off the highs and closed the day at $7.59, a gain of 19%.

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Shares of Yahoo! Inc.

moved higher Wednesday, on a

that CEO Marissa Mayer had been approached by SoftBank Corp.

CEO Masayoshi Son about a possible deal. Spokespersons for the two companies were not available for comment. Yahoo shares lost 1% Wednesday to close at $40.32.

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Shares of JDS Uniphase Corporation

spiked higher early Wednesday, on release of a letter from shareholder Sandell Asset Management. Sandell believes JDSU must commence a formal auction of its CCOP business and notes its current stock price reflects next to no value for the company's substantial tax assets. Sandell estimates the potential value of JDSU's various business segments and tax assets at $19.00-$26.00 per share. Sandell is urging the company's Board to evaluate additional strategic alternatives JDS Uniphase closed Wednesday at $13.15, a gain of 2.7%.