Courtesy of Benzinga.
The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday October 14, 2013:
Facebook Acquires Onavo
The Deal:
Onavo Co-Founder and CEO Guy Rosen announced on the company’s blog Sunday that his company has been acquired by Facebook (NASDAQ: FB). Reportedly, Facebook paid more than $100 million to acquire the Israeli data compression company.
Facebook closed at $49.51 Monday, a gain of $0.40.
Coldwater Creek to Explore Strategic Alternatives
The Strategic Alternatives:
Coldwater Creek (NASDAQ: CWTR) announced Monday that the Executive Committee of the Board of Directors will consider a broad range of strategic alternatives, including a sale or merger of the company. Perella Weinberg Partners is serving as an advisor to the Board.
Coldwater Creek closed at $1.26 during regular trading hours Monday, and lost 28% after-hours.
Report Emulex has Held Talks with PE Firms About Possible Sale
The Rumor:
Reuters reported Monday that Emulex (NYSE: ELX) has held talks with several private equity firms, according to sources. Those firms include Francisco Partners, Thoma Bravo and Thomas H. Lee Partners. Reuters reports a deal is uncertain.
Deal Reporter reported in July that Emulex had attracted many bidders.
Emulex closed at $7.83 Monday, a gain of 1%
