Benzinga's M&A Chatter for Wednesday August 12, 2015

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday August 12, 2015: Pearson to Sell 50% Stake in The Economist Group for £469M in Cash The Deal:
EXOR S.p.A. EXOSF has agreed to purchase 27.8% of The Economist Group's Ordinary shares for consideration of £227.5 million and all of the B special shares for consideration of £59.5 million from Pearson PSO. Pearson's remaining Ordinary shares will be repurchased by The Economist Group for a total consideration of £182 million. The transaction is expected to close during the fourth quarter of 2015. Pearson closed at $17.96 on Wednesday, up $0.05. United Online Sells Classmates for $30M in Cash The Deal:
United Online, Inc. UNTD announced Wednesday, that it has completed the sale of Classmates to Intelius Holdings, Inc. for $30 million cash, subject to a post-closing working capital adjustment. United Online closed at $12.26 Wednesday, a gain of 2.77%. Markit to Acquire CoreOne Technologies for ~$200M The Deal:
Markit MRKT, announced Tuesday, that it has agreed to acquire the provider of regulatory reporting, index management, data management and prime brokerage services to financial institutions, CoreOne Technologies for approximately $200 million. The deal is expected to close in Q4. Markit closed at $28.36 Wednesday, a gain of almost 5%. FIS to Acquire SunGard in Cash, Stock Deal With Enterprise Value of $9.1B The Deal:
FIS FIS announced Wednesday, that it has signed a definitive agreement to acquire SunGard for cash and stock, valuing the company at an enterprise value of $9.1 billion, including the assumption of SunGard debt. The deal is expected to close in Q4. FIS shares closed at $70.75 Wednesday, up 8.73%.