Benzinga's M&A Chatter for Thursday July 24, 2014

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday July 24, 2014:
Report Zillow May Bid $2B for TruliaThe Rumor
:

Shares of real estate website companies Trulia
TRLA
and Zillow
Z
surged to new all-time highs Thursday, on a
report from Bloomberg
, that Zillow could offer $2 billion for its rival. A deal could be announced as early as next week, according to sources. Shares of Realtor.com operator, Move, Inc.
MOVE
and Century 21 owner Realogy
RLGY
also moved higher on the report. Benzinga reported on June 17 that Trulia was in talks to acquire Move. Spokespersons for Zillow and Trulia declined comment. Trulia shares closed Thursday at $53.74, a gain of more than 32%, while Zillow gained 15% to close at $145.76.
Breitburn Energy Partners to Acquire QR Energy for Approximately $3B in Unit-for-Unit TransactionThe Deal
:
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Breitburn Energy Partners
BBEP
and QR Energy
QRE
announced Thursday, a merger agreement, under which Breitburn will acquire QR Energy in a unit-for-unit exchange, with transaction value of approximately $3.0 billion, including QR Energy's existing net debt and outstanding Class C Convertible Preferred Units. Holders of QR Energy's Common and Class B units will receive approximately 72 million Breitburn common units, or 0.9856 of a BBEP unit per unit of QRE held. The deal is expected to close in late 2014 or early 2015. QR Energy shares closed Thursday at $20.59, a gain of 9%.
Report SodaStream Considering Going Private Transaction at $40/ShareThe Rumor
:

Shares of SodaStream
SODA
spiked higher Thursday, on
a report from Bloomberg
, that it is in talks with an investment firm about taking the company private, according to sources. A price of $40 per share is reportedly being discussed, which would value the deal at $828 million. A spokesperson for SodaStream declined comment on the report. SodaStream shares closed Thursday at $31.63, a gain of 9.5%.
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