4 Merger and Acquisitions Stock Stories Creating a Buzz Thursday

H.J. Heinz Company (NYSE:HNZ): Current price $72.45

A proposed takeover of the organic baby vendor Rafferty’s Garden by H.J. Heinz has been disallowed by Australia’s competition regulator, over fears that the acquisition could significantly shrink competition . The Australian Competition and Consumer Commission said that the proposed deal would have taken out a strong rival for Heinz, which itself is the target of a $23.2 billion takeover offer from Warren Buffett’s Berkshire Hathaway and the Brazilian financier Jorge Paulo

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

HNZ

Apollo Investment Corp. (NASDAQ:AINV): Current price $7.88

The business lender Apollo is reportedly close to an agreement to purchase the health-care lender MidCap Financial for roughly $500 million, according to inside sources, who went on to say that a deal for MidCap could be announced as soon as next week. Thus far, no agreement has appeared, and the negotiations might still collapse. The sources also said that Fifth Third Bancorp had shown interest in MidCap. In May, knowledgeable sources said that the firm was working with Bank of America Corp. to search for suitors.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

AINV

Entropic Communications (NASDAQ:ENTR): Current price $4.34

The producer of semiconductor solutions for the connected home said Thursday that it acquired Mobius Semiconductor, which is product development firm concerned on low power, high performance analog mixed-signal semiconductor solutions. Through the terms, Entropic bought Mobius for roughly $13 million in a cash transaction, plus employee equity-based incentives. The purchase of Mobius permits the buyer to add advanced analog mixed-signal expertise and reinforce its competitive product offerings in both the cable and satellite markets.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

ENTR

AT&T (NYSE:T): Current price $35.84

Kara Swisher at AllThingsD reports that sources close to the carrier say that AT&T is in talks with the Chernin Group about tendering a joint offer to buy the Hulu premium video site. While well-endowed Chernin could make use its extra financial reserves in the multi-player rivalry to acquire Hulu, and sources near the owners have speculated of late that they expected more joint efforts in the divestiture of the unit, which is owned by News Corp., The Walt Disney Company (NYSE:DIS) and Comcast Corporation (NASDAQ:CMCSA).

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

T

Don’t Miss: IRS Drama: Free Food Is the Latest Embarrassment.