Wall Street's M&A Chatter From July 6: Advisory Board, Campbell Soup, Home Shopping Network

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday, July 6, 2017.

Liberty Interactive to Acquire 62% Shares Of HSN They Don't Already Own In All-Stock Transaction For $2.6B

The Deal:

Liberty Interactive QVC Group QVCA and HSN, Inc. HSNI have entered into an agreement whereby Liberty Interactive will acquire the 62 percent of HSN it doesn't already own in an all-stock transaction, a total enterprise value for HSN of $2.6 billion.

HSN shareholders will receive 1.65 shares of Series A Q+VC Group common stock for every share of HSN common stock for an equity value of $2.1 billion, or $40.36 per HSN share.

HSN closed at $39.70, up $8.40.

Blackstone to Acquire International Market Centers,

The Deal:

Blackstone BX announced a definitive agreement to acquire International Market Centers, Inc. from Bain Capital Private Equity, LP and funds managed by Oaktree Capital Management, L.P. Fireside Investments is also expected to partner with Blackstone in the acquisition. Financial terms were not disclosed.

The transaction is expected to close during Q3 of 2017.

Blackstone closed at $32.88, down $0.15.

UnitedHealth, Vista Near Deal to Acquire Advisory Board

The Rumor:

Shares of The Advisory Board Company ABCO spiked as high as $58.40 on a Bloomberg report that UnitedHealth Group Inc UNH and Vista Equity partners are near a deal to buy the company, according to sources. The sources say UNH would acquire ABCO's health-care division, while Vista would acquire the education unit for as much as $1.5 billion.

DealReporter reported in April that Advisory Board had received more than 20 bids in an initial round.

Advisory Board closed at $54.20, up $1.95.

Campbell Soup Acquires Pacific Foods for $700M Cash

The Deal:

Campbell Soup Company CPB announced it has entered into an agreement to acquire producer of organic broth and soup, Pacific Foods of Oregon, for $700 million in cash. The acquisition will be funded through a combination of short- and long-term debt

Campbell Soup closed at $51.68, and traded as high as $52.61 after-hours.