Benzinga's M&A Chatter for Monday September 26, 2016

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday September 26, 2016:

 

Disney Said to Work With Advisor on Bid for Twitter

The Rumor:
Shares of Twitter TWTR spiked higher Monday following a report from Bloomberg, that Disney DIS has hired an advisor and may bid for the social media company. Disney is the latest potential buyer mentioned in the past week, joining Alphabet GOOGL and salesforce.com, inc. CRM. Later, CNBC's David Faber said Microsoft MSFT was a possible bidder, while Facebook FB was not likely interested. Faber said a deal could happen in the next 30 to 45 days.

Twitter closed at $23.37 on Monday, up 3.32%.

 

Green Plains Partners Acquires Abengoa Ethanol Storage Assets for $90M

The Deal:
Green Plains Partners LP GPP announced Monday, that it acquired the ethanol storage assets associated with the Madison, IL, Mount Vernon, IN and York, NE production facilities from Green Plains Inc. GPRE for $90 million. The storage assets were simultaneously purchased and sold by Green Plains as part of the $237 million purchase of three ethanol plants previously owned by Abengoa Bioenergy.

Green Plains Partners closed at $19.12 on Monday, down 1.29%.

 

CBOE Holdings to Acquire Bats Global Markets for $32.50/Share

The Deal:
CBOE Holdings, Inc. CBOE and Bats Global Markets, Inc. BATS announced Monday, that they have entered into a definitive agreement under which CBOE Holdings will acquire Bats for approximately $32.50 per Bats share, for a total of approximately $3.2 billion. Bats shareholders will receive $10.00 per share in cash and 0.3201 of a share of CBOE Holdings common stock. The transaction is expected to close in H1 of 2017.

Bats closed at $30.35 on Monday, down 4.56%.

Mylan, Lupin Said to be Considering Bids for Bayer's Dermatology Unit 

The Rumor:
Mylan NV MYL and Lupin Ltd. are among the companies considering bidding for Bayer’s BAYRY dermatology business, according to sources as reported by Bloomberg on Monday. Bayer is selling the unit in order to raise cash ahead of its acquisition of Monsanto MON. Bayer and Lupin declined comment, while Mylan did not immediately respond.

Mylan closed at $41.18 on Monday, down 2.09%.

Posted In: NewsRumorsM&AMovers
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