Benzinga's M&A Chatter for Monday March 24, 2014

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday March 24, 2014: Palo Alto Networks to Acquire Cyvera for $200M The Deal:
Palo Alto Networks PANW announced Monday an agreement to acquire Israeli cyber-security company Cyvera for approximately $200 million. The acquisition is expected to close during H2 of fiscal 2014. Palo Alto Networks shares closed Monday at $73.13, a of 4.5%. InterCloud to Acquire VaultLogix The Deal:
InterCloud Systems ICLD announced Monday that it has entered agreed to acquire cloud solutions company, VaultLogix. The deal is expected to close in the next 60 days. Financial terms were not disclosed. InterCloud Systems closed Monday at $8.25 a gain of 12%. Weatherford to Sell Pipeline and Specialty Services Business to Baker Hughes for $250M The Deal:
Weatherford International WFT and Baker Hughes BHI announced Monday an agreement for the sale of Weatherford's pipeline and specialty services business to a Baker Hughes subsidiary for $250 million, including $241 million in cash and $9 million in retained working capital. Weatherford previously announced plans to divest its non-core businesses. Weatherford International closed Monday at $16.92, a gain of $0.14. Baker Hughes closed at $61.64, losing $0.47. Berry Plastics to Acquire Rexam's Healthcare Containers and Closures Business for $135M The Deal:
Berry Plastics Group BERY announced Monday that it has agreed to acquire the U.S., Mexico, and India portions of Rexam's Healthcare Containers and Closures (C&C) business, while also making a binding offer to acquire the French portion of the business. Berry Plastics would pay approximately $135 million for the entire Healthcare Containers and Closures business unit. The deal is expected to close in Q2 2014. Berry Plastics closed Monday at $22.96, a gain of $0.14. Baker Hughes closed at $61.64, losing $0.47. Disney to Acquire Maker Studios for $500M The Deal:
The Walt Disney Company DIS has agreed to acquire Maker Studios, the leading network of online video content on YouTube for $500 million, plus a performance-linked earn-out of up to $450 million if certain targets are met. The deal is expected to close in Q3. Disney closed Monday at $79.49, a loss of 1%.
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