Benzinga's M&A Chatter for Thursday September 12, 2013

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday September 12, 2013 Dell Shareholders Approve Acquisition by Michael Dell, Silver Lake The Approval:
Dell DELL announced Thursday that a preliminary vote tally from the special meeting of shareholders shows that Michael Dell and Silver Lakes proposal to acquire the computer maker for $13.88 per share has been approved. The deal was reportedly approved by 65% of the shareholders. The total value of the deal is approximately $24.9 billion. The transaction is expected to close before the end of Q3 of FY2014. Dell closed Thursday at $13.85. II-VI Acquires Oclaro's Switzerland-Based Semiconductor Laser Business for $115M The Deal:
II-VI Incorporated IIVI announced Thursday that it has acquired the Zurich, Switzerland-based semiconductor laser business of Oclaro OCLR for $115 million. At closing, II-VI paid $92 million in cash to Oclaro for the Business, Oclaro retained $15 million in accounts receivable from the Business, $6 million of cash is being held back by II-VI for 15 months from the date of the close and $2 million of cash is being held back by II-VI for potential working capital adjustments. Oclaro closed at $1.46 Thursday, a gain of more than 37%. Extreme Networks to Acquire Enterasys Networks for $180M in Cash The Deal:
Extreme Networks EXTR and Enterasys Networks announced Thursday that Extreme Networks will acquire all outstanding stock of Enterasys for $180 million in cash. The deal is expected to close in Q4 2013. Extreme Networks closed at $4.33 Thursday, a gain of 7.5%.