Benzinga's M&A Chatter for Monday June 1, 2015

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday June 1, 2015:

:

Intel Corporation

and Altera Corporation

announced Monday, an agreement under which Intel would acquire Altera for $54 per share in cash. The transaction is valued at approximately $16.7 billion. The deal is expected to close in six to nine months. Altera shares rose almost 6% Monday, to close at $51.68.

:

Microsoft Corp.

has agreed to acquire startup 6Wunderkinder GmbH, creator of the Wunderlist to-do list app, for $1 million to $2 million, according to a source reported by the

. The app works on Windows, iOS and Android operating systems. Microsoft shares rose $0.37 Monday, closing at $47.23.

:

Gannett Co., Inc.

announced Monday, that it has completed the acquisition of the remaining 59.36% interest in the Texas-New Mexico Newspapers Partnership that it did not own, from Digital First Media, through the assignment of Gannett's 19.49% interest in the California Newspapers Partnership and additional cash consideration. Gannett now owns 100% of the Texas-New Mexico Newspapers Partnership and no longer has any ownership interest in California Newspapers Partnership. Gannet shares rose $0.48 Monday, closing at $36.27.