Benzinga's M&A Chatter for Monday September 8, 2014

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday September 8, 2014: iPass Announces Will Explore Strategic Alternatives The Strategic Review:
iPass IPAS announced Monday, that the iPass Board of Directors has initiated a process to explore strategic alternatives that may enhance stockholder value. iPass has retained Blackstone Advisory Partners L.P. and Cooley LLP, to assist in the process. iPass closed Monday at $1.14, and traded 29% higher after hours. GE to Sell Appliances Business to Electrolux for $3.3B The Deal:
General Electric GE announced Monday it has agreed to sell its appliances business to Electrolux ELUXY for $3.3 billion. The deal is expected to close in 2015. General Electric closed Monday at $26.08, a loss of $0.02. General Mills to Acquire Annie's for $46/Share in Cash The Deal:
Annie's BNNY announced Monday, an agreement to be acquired by General Mills GIS for $46.00 per share in cash, a total transaction value of around $820 million. General Mills will launch a tender offer within ten business days, to purchase all outstanding Annie's shares. The deal is expected to close in calendar year 2014. Annie's closed Monday at $33.51, and traded at around $46.00 after hours.