Benzinga's M&A Chatter for Tuesday April 16, 2013
April 16, 2013 - 5:07pm
The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday April 16, 2013:
Hearing Unconfirmed Takeover Chatter in Walter Energy
The Rumor:Shares of Walter Energy (NYSE: WLT) moved off 52-week lows Tuesday on renewed unconfirmed takeover chatter. Warren Buffett is the rumored buyer at $40 per share. Walter Energy is a frequent takeover name.
A spokesperson for Walter Energy was not available for comment.
Walter Energy closed at $20.51 Tuesday, a loss of $0.09 on 1.5 times average volume.
Dell Enters Agreement with Carl Icahn
The Agreement:Dell (NASDAQ: DELL) announced Tuesday that its Board of Directors has approved an agreement with Carl Icahn, under which Mr. Icahn and affiliated entities have agreed to cap his ownership at 10% of ...
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