Wall Street's M&A Chatter From May 4: General Mills, Brookdale Senior Living, Allergan-Paratek

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday, May 4, 2017.

Allergan Said to Hold Takeover Talks with Paratek

The Rumor:

Paratek PRTK and partner Allergen AGN held discussions last week regarding a potential deal, according to sources as reported by Betaville. The companies are currently working together on Omadacycline, a treatment for bacterial pneumonia and skin infections.

Paratek closed at $23.60, up $3.05.

General Mills Shares Surge on Takeover Rumor The Rumor:

Shares of General Mills GIS soared over the $60 level, following market chatter of a potential takeover offer from from 3G Capital. That report came a day after the company announced the retirement of CEO Ken Powell and the naming of COO Jeff Harmening as the new CEO. CNBC's David Faber said there was no truth to the report.

General Foods has been one of a group of food companies mentioned as possible takeover targets in the recent past, including Kellogg, Kraft Heinz and Mondelez.

General Mills closed at $57.05, up $1.00.

Brookdale Senior Living Sale Talks Ongoing

The Rumor:

Discussions regarding a potential sale of Brookdale Senior Living BKD are ongoing, according to a source as reported by Bloomberg. In February, the Wall Street Journal reported Ventas was in talks to acquire all or part of the senior-living center operator.

Brookdale Senior Living closed at $13.11, up $0.07.