Benzinga's Weekend M&A Chatter

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday June 12 to June 14, 2015: Bona Film Group Recieves Preliminary "Going Private" Proposal Of $13.70/ADS The Deal:
Bona Film Group Limited BONA announced Friday, that its Board of Directors has received a non-binding proposal of a "going private" transaction, dated June 12, 2015, from founder, Chairman and CEO Yu Dong, Sequoia Capital China I LP and Fosun International Limited. The buyer group proposes to acquire all of the outstanding ordinary shares of the company not already owned by the buyer group for $13.70 in cash per ADS. The Board intends to form a special committee to consider the proposal. Bona Film Group shares gained 1% Friday, to close at $12.99. Hearing Unconfirmed Market Chatter of Potential Oracle Bid for Splunk The Rumor:
Shares of Splunk, Inc. SPLK rose Friday, on unconfirmed market chatter of a potential bid from Oracle Corporation ORCL. Sources say the offer could be in the upper $70s per share Spokespersons for Oracle and Splunk were not available for comment. Splunk shares lost $0.25 Friday, closing at $68.92. Hearing Unconfirmed Market Chatter of Potential Home Depot Bid for Lumber Liquidators The Rumor:
Shares of Lumber Liquidators Holdings, Inc. LL spiked higher Friday, on unconfirmed market chatter of a potential offer from The Home Depot, Inc. HD. According to the report, Home Depot could pay $35 to $40 per share. Spokespersons for Lumber Liquidators declined comment, when questioned by Benzinga about the report. Whitney Tilson, who has been short Lumber Liquidators since 2013, said the rumor is the dumbest ever. Tilson also said no one would buy the company. Lumber Liquidators shares gained 4% Friday, closing at $21.49. GoGo Reportedly in Talks With Verizon, AT&T The Rumor:
Shares of Gogo GOGO spiked higher twice Friday on unconfirmed market chatter that the company has been in talks with both Verizon VZ and AT&T T regarding a potential deal. According to the report, Gogo has hired Goldman Sachs to handle bids, which are said to have been as high as $35 per share. Neither Gogo, Verizon or AT&T responded to requests for comment. Shares of Gogo gained $0.12 Friday, closing at $22.08.
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