Benzinga's M&A Chatter for Thursday August 27, 2015

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday August 27, 2015: Hearing FT Reporting Abbott Has Readied an Up to $25B Bid for St. Jude Medical The Rumor:
Shares of St. Jude Medical STJ spiked sharply higher in the premarket Thursday, on a report from Financial Times that Abbott Laboratories ABT was preparing a $25 billion bid for the medical device maker. The publication said Abbott has been working with advisors to help line up financing. An Abbott spokesperson later denied to company was planning to make an offer for St. Jude. St. Jude closed at $72.43 on Thursday, up 4.5%. Hearing Unconfirmed Market Chatter of Gilead Deal to Acquire BMY The Rumor:
Shares of Bristol-Myers Squibb BMY Rosed Thursday, on unconfirmed market of chatter of a potential bid from Gilead Sciences GILD. According to sources, a deal could be reached as early as this weekend. Spokespersons for Bristol-Myers and Gilead did not respond to requests for comment. Bristol Myers rose more than 1% Thursday, closing at $60.82. Hearing Unconfirmed Market Chatter of PE Interest in Pandora, $26.50/Share The Rumor:
Pandora P spiked higher Thursday, on unconfirmed market chatter of potential private equity interest. According to sources, the offer is $26.50 per share and the music streaming service has reportedly hired Morgan Stanley as an advisor. Pandora did not respond to a request for a comment on the rumor. Pandora shares closed at $17.49 Thursday, a loss of $0.15. Autodesk to Acquire SeeControl The Deal:
Autodesk, Inc. ADSK announced Thursday, that is has signed an agreement to acquire the developer of an enterprise Internet of Things cloud service platform, SeeControl. Terms were not disclosed. The deal is expected to close during Autodesk's fiscal quarter ending October 31, 2015. Autodesk shares closed at $50.00 Thursday, and fell 5% after-hours.