Benzinga's Weekend M&A Chatter

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday May 27 through Monday May 30, 2016: Tourbillon Sends Letter to Sunopta Board Regarding Consideration of a Potential Sale of Co The Filing:
Sunopta shareholder Tourbillon Capital Partners sent a letter to the company's Board of Directors, as reported Friday in a 13G filing. The letter highlighted Sunopta's poor share price performance over the last two years and said it believed that there is strategic interest in Sunopta. Toubillon recommended that Sunopta work with an independent investment bank to advise on potential options, including a sale. Sunopta shares traded at a high around $15.00 in October 2007, but plummeted soon after, when the company said it would have to restate its 2007 earnings. Sunopta rose 26.70% Friday to close at $4.84. Terex Terminates Acquisition Discussions With Zoomlion The Termination:
Terex Corporation TEX announced Friday, that discussions with Zoomlion Heavy Industry Science and Technology Co. ZLIOY regarding the purchase of Terex have been terminated. Terex announced that the sale of its Material Handling and Port Solutions business to Konecranes for approximately $1.3 billion will proceed. The sale is expected to close in January 2017. Terex closed at $20.89 on Friday, down 14%. Thermo Fisher Acquires FEI Co. for $107.50/Share in Cash The Deal:
Thermo Fisher Scientific Inc. TMO and FEI Company FEIC announced that Friday, their boards of directors have unanimously approved Thermo Fisher's acquisition of FEI for $107.50 per share in cash. The transaction is expected to be completed by early 2017. FEI closed at $108.13 on Friday, up 14%.