Benzinga's M&A Chatter for Wednesday November 5, 2014

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday November 5, 2014: Renewed Unconfirmed Takeover Chatter in Cree The Rumor:
Shares of Cree, Inc. CREE rose Wednesday, on renewed takeover chatter. Cree is a frequently rumored name with General Electric Company GE and Koninklijke Philips N.V PHG most often mentioned as potential suitors. The Home Depot, Inc. HD was also mentioned on Wednesday as a possible buyer for the maker of LED lighting products. A spokesperson for Home Depot declined comment on the rumor, while representatives of Cree and Philips were not immediately available for comment. Cree closed Wednesday at $32.64, a gain of 1%. Renewed Unconfirmed Takeover Chatter in Pandora The Rumor:
Shares of Pandora Media, Inc. P moved higher Wednesday on renewed takeover chatter. In August, Yahoo! Inc. YHOO was rumored to be interested in acquiring the streaming music service. A spokesperson for Pandora declined comment on the rumor. Pandora Media closed Wednesday at $18.18, a loss of 3.5%. LivePerson to Acquire Contact At Once! for $65M in Cash, Stock Deal The Deal:
LivePerson, Inc., LPSN announced Wednesday, it will acquire software company, Contact At Once!, LLC, for an aggregate purchase price of $65 million, including approximately $43 million in cash and $22 million in common stock. Contact At Once! provides chat services to the automotive industry with a customer base of more than 13,000 dealerships, plus many auto manufacturers and major car search and advertising sites. LivePerson closed Wednesday at $13.45, and fell 3.5% after-hours.