14 Stocks Making Big M&A News and Rumors This Week

Here’s your Cheat Sheet to this week’s top mergers and acquisition news:

AT&T (NYSE:T): Closing price $35.81

Chernin Group and AT&T have submitted a joint offer for Hulu, meeting the deadline for binding offers, said a person having knowledge of the situation. Bids for Hulu, owned by Walt Disney Co. (DISN), 21st Century Fox Inc. and Comcast Corp. (NASDAQ:CMCSA), were due Saturday, according to two inside sources. The amount involved in the offer was not immediately revealed, but three suitors, including DIRECTV (NASDAQ:DTV), previously had offered a minimum of $1 billion.

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T

EMC Corp. (NYSE: EMC): Closing price $24.93

On Monday, EMC said that it has bought the privately-held business-driven Identity and Access Management firm Aveksa Inc. Effective immediately, Aveksa will operate within the RSA security division as part of RSA’s Identity Trust Management product group, bringing top tech and expertise that will help RSA provide new solutions to identity and access management challenges throughout enterprise, cloud,  and mobile access use cases. Financials of the transaction were not divulged.

EMC on Thursday said it will acquire the privately held ScaleIO, which pioneered in server-side storage software. The purchase should further reinforce the EMC Flash portfolio by uniting ScaleIO’s highly scalable server software with PCIe Flash cards like EMC XtremSF in Enterprise Private Cloud and Service Provider environments. Following the close, ScaleIO will operate inside the EMC Flash Product division. Terms of the deal were not reported, but it is not anticipated that the all-cash transaction will have a material impact on EMC GAAP or non-GAAP EPS for the full 2013 fiscal year.

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EMC

Hasbro, Inc. (NASDAQ:HAS): Closing price $47.63

Hasbro on Monday announced its purchase of a majority interest in Backflip Studios, which develops several of the mobile industry’s most popular games, including DragonVale, NinJump, and Paper Toss. In an all-cash-transaction, Hasbro paid $112 million for 70 percent of the firm. Hasbro expects the transaction to be neutral to slightly accretive to its 2013 financial results.

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HAS

Lender Processing Services (NYSE:LPS): Closing price $32.11

Lender Processing Services announced on Monday the expiry of the period pursuant to the terms of the previously reported merger agreement dated May 28, 2013, among LPS, Fidelity National Financial and its subsidiary Lion Merger Sub. The transaction must be okayed by LPS and FNF stockholders, along with approvals from applicable federal and state regulators and satisfaction of other usual closing conditions. The close of the transaction should occur in the fourth quarter.

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LPS

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Kroger Co. (NYSE: KR): Current price $37.60

Kroger and Harris Teeter Supermarkets Inc. (NYSE:HTSI) said Tuesday that Kroger will acquire all outstanding shares of Harris Teeter at a cash price of $49.38 per share. The acquisition of Harris Teeter affords Kroger an exceptional brand and complementary base of 212 stores located in the southeastern and mid-Atlantic markets, as well as in Washington, D.C.

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KR

International Business Machines Corp. (NYSE: IBM): Current price $192.15

IBM announced Tuesday it will acquire the privately-held CSL International, which provides virtualization management tech for IBM’s zEnterprise system. CSL International is based in Herzliya Pituach, Israel. This strategic investment in the System z portfolio deepens cloud capabilities by offering simplified management of the virtualization environment. Financials of the transactions will not be divulged.

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IBM

Mylan Inc. (NASDAQ:MYL): Current price $32.00

India’s Department of Industrial Policy and Promotion has placed an impediment on Mylan’s plan to purchase Agila Specialties. The government arm worries that ownership of critical cancer drug-making facilities are moving into foreign hands. Agila is the injectable division of Strides Arcolab, based in Bangalore. On Friday, the Foreign Investment Promotion Board postponed a decision on the $1.6-billion deal, one of the biggest in the pharma sector in recent years.

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MYL

Acorda Therapeutics Inc. (NASDAQ:ACOR): Current price $37.74

Acorda has acquired two neuropathic pain management assets from NeurogesX Inc. Qutenza has been OK’d by the Food and Drug Administration for the management of neuropathic pain linked with postherpetic neuralgia. The firm also bought NP-1998, which is a Phase 3-ready prescription strength capsaicin topical solution being evaluated for the treatment of neuropathic pain. NP-1998 was previously known as NGX-1998.

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ACOR

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Baidu Inc. (NASDAQ:BIDU): Current price $96.85

According to Marbridge Daily, an industry insider says that Chinese Internet firm Baidu’s mobile reading, music, and gaming platform Duoku has purchased mobile game information and download portal Ptbus.com. Earlier this year, Sun Zude left Chinese flash mini-game portal 7k7k to join Baidu Duoku as its chief executive. Ptbus is currently recruiting candidates for its own CEO role.

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Baxter International Inc. (NYSE:BAX): Current price $72.50

Two sources told Reuters that European Commission antitrust regulators will approve a $4-billion bid by Baxter International for Sweden’s Gambro AB after the firm offered to divest a unit in order to assuage competition fear. The deal would make the buyer the second-largest manufacturer in the dialysis market, a sector that is expected to expand in tandem with rising rates of obesity and diabetes. Gambro, based in Lund, Sweden, is one of the top manufacturers of equipment for hemodialysis.

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BAX

Actavis Inc. (NYSE:ACT): Current price $125.35

Actavis and Warner Chilcott (NASDAQ:WCRX) reported that they have each received a request for additional information from the Federal Trade Commission in relation to Actavis’s pending purchase of Warner Chilcott. The information request was released under notification requirements of the amended Hart-Scott-Rodino Antitrust Improvements Act of 1976. The effect of the second request is to prolong the waiting period imposed by the act until 30 days after the parties have substantially complied with the request, provided the period is not extended voluntarily by the parties or terminated sooner by the FTC. Actavis and Warner Chilcott expect the transaction to close in the second half.

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ACT

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Alamos Gold Inc. (NYSE:AGI): Current price $12.95

Alamos and Esperanza Resources Corp. have reached a definitive agreement that will allow Alamos to purchase the entirety of the issued and outstanding common shares of Esperanza via a court-approved plan. Esperanza is a precious metals exploration and development firm focused on promoting its principal property, the wholly-owned Esperanza gold project (formerly referred to as the Cerro Jumil gold project) in Morelos State, Mexico.

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AGI

KNOT Offshore Partners (NYSE:KNOP): Current price $23.58

On Friday, KNOT Offshore Partners said that its wholly owned subsidiary, KNOT Shuttle Tankers, will acquire Knutsen Shuttle Tankers 13 AS, which owns the shuttle tanker Carmen Knutsen, from Knutsen NYK Offshore Tankers at a purchase price of $145 million, less roughly $89.1 million of existing bank debt, subject to certain post-closing adjustments. The transaction should close on or before August 1, 2013, subject to the usual closing conditions.

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KNOP

Alexion Pharmaceuticals Inc. (NASDAQ:ALXN): Current price $115.20

Knowledgeable sources say that Roche Holding is searching out billions of dollars in financing for a potential takeover of Alexion, and that Roche has been in sporadic contact with Alexion for months. Alexion had a market value of approximately $20 billion before Friday, and has one approved drug — Soliris — which is used for the treatment of rare blood diseases. Such a takeover would be Roche’s biggest since it bought the portion of Genentech Inc. it did not already own for $46.8 billion four years ago, marking the biggest biotechnology deal on record, according to data compiled by Bloomberg.

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ALXN

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