Benzinga's M&A Chatter for Friday February 15, 2013

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday February 15, 2013:

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Renewed chatter of a possible bid by Coca-Cola

for Monster Beverage

surfaced on Friday.

first reported on a potential deal on April 26, 2012, based on analyst comments. The story was later picked up by the

. A spokesperson for Monster Beverage declined comment on the latest rumor. A Coca-Cola spokesperson was not available for comment. Monster Beverage closed at $51.08 Friday, a gain of 7% on 3 times average volume.

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Shares of Gap

rose sharply higher Friday on chatter of possible interest by Japan's Fast Retailing

. A Gap spokesperson declined comment on the rumor. A Fast Retailing spokesperson was not available for comment. Gap closed at $32.88 Friday, a gain of almost 5% on 3 times average volume.

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reported Friday that Office Depot

is in talks to sell the remaining 50 percent stake in its Mexican unit to Grupo Gigante SAB. Office Depot's largest shareholder, Starboard Value, is reportedly pressuring the office supply retailer to complete a deal. Office Depot closed at $4.59 Friday, a gain of 2% on twice average volume.

Cummins

is rumored to be in talks to acquire Westport Innovations

, according to unconconfirmed market chatter. The two companies already have the Cummins Westport joint venture, which designs, engineers, and markets 6 to 12 litre spark-ignited automotive natural gas engines for commercial transportation applications, such as truck and buses. Spokespersons for Cummins and Westport Innovations were not available for comment. Westport Innovations closed at $31.54 Friday, a gain of 8% on 3.5 times average volume.

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Nasdaq OMX Group

is reportedly exploring the possibility of going private or splitting the company up, according to sources, reported by

. Nasdaq is not currently in talks with private equity firms, but investors are frustrated with the valuation of the company. Carlyle Group is said to have been in talks with Nasdaq previously. Nasdaq OMX Group closed at $31.07 Friday, a gain of 1.5% on 1.5 times average volume.