Benzinga's M&A Chatter for Tuesday February 3, 2015

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday February 3, 2015 Report Valeant, Shire Interest in Salix The Rumor:
Shares of Salix Pharmaceuticals Ltd. SLXP spiked sharply higher, before being halted on a circuit-breaker, as Bloomberg reported that Valeant Pharmaceuticals International, Inc. VRX and possibly Shire plc SHPG are considering a bid for the Raleigh, NC-based drug company. Valeant is reportedly in talks with Salix. A note from Sterne Agee said "the affirmation of 2015 and 2016 guidance, near-term filing of reliable financials and the interim management team make Salix a potential acquisition target...Salix could command a premium of up to 20% on our standalone $145 per share valuation." A Valeant spokesperson declined comment on the report. Spokespersons for Salix and Shire did not respond to requests for comment. Salix Pharmaceuticals shares gained 5% Tuesday, closing at $140.47. Hearing Renewed Takeover Chatter in FireEye The Rumor:
Shares of FireEye, Inc. FEYE rose Tuesday on renewed takeover chatter. FireEye did not respond to a request for comment. FireEye shares gained 2% Tuesday, closing at $35.12. Macy's Agrees to Acquire Bluemercury For $210M In Cash The Deal:
Macy's, Inc. M announced Tuesday, it has agreed to acquire Bluemercury, Inc. for $210 million in cash. The transaction is expected to be completed in Macy's fiscal Q1. Macy's shares gained 3% Tuesday, closing at $66.07, and traded down 1% after. Smucker's to Acquire Big Heart Pet Brands for $5.8B in Cash, Stock The Deal:
The J. M. Smucker Company SJM announced Tuesday, it has agreed to acquire Big Heart Pet Brands in a cash and stock transaction valued at approximately $5.8 billion. Under the terms of the agreement, Smucker's will acquire all of the outstanding equity of Big Heart Pet Brands and in return, will issue approximately 17.9 million shares of its common stock to the shareholders of Big Heart Pet Brands' holding company and pay $1.3 billion in cash. The transaction is expected to close by the end of Smucker's current fiscal year, which ends on April 30, 2015. J. M. Smucker shares clsoed Tuesday, closing at $105.88 and traded at $110.00 after-hours.