The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday, August 31, 2017.
Barnes & Noble Denies Rumors Of Sale
The Rumor:
Barnes & Noble, Inc. (NYSE: BKS) has been
working with Guggenheim on a potential sale, according to a report from DealReporter on Thursday. Sources said BKS has had
discussions with private equity firms Apollo Global Management (NYSE: APO) and Platinum Equity.
A spokesperson for Barnes & Noble told Benzinga it was not in sale talks at
this time.
Barnes & Noble closed at $7.75 on Thursday, up 45 cents.
Birla Said to Consider Bids for Constellium, Aleris
The Rumor:
Indian billionaire Kumar Mangalam Birla is considering bidding for Constellium NV (NASDAQ: CSTM) and Aleris Corp., according to sources as reported by Bloomberg. Talks
are in a preliminary stage, the sources said.
Bloomberg reported in early August that Constellium was considering its options following receipt of takeover interest.
Constellium closed at $11.30, up 85 cents.
Daiichi Sankyo Denies Acquisition Offer from AstraZeneca
The Rumor:
AstraZeneca (NYSE: AZN) offered to buy Japan's
Daiichi Sankyo Co (OTC: DSNKY) in 2016,
according to sources as reported by Nikkei Business. The Japanese drugmaker declined the offer, the sources said.
Daiichi Sankyo responded to the report, later on Thursday, saying it had received no takeover offer from AstraZeneca. The UK
drugmaker did not comment on the rumor.
AstraZeneca closed at $29.83, up 58 cents.
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