Benzinga's M&A Chatter for Wednesday May 14, 2014

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday May 14, 2014: Qihoo 360 Announces Controlling Equity Interest in MediaV The Investment:
Qihoo 360 Technology QIHU announced Wednesday, the simultaneous signing and closing of definitive agreements to acquire controlling equity interests in advertising and digital marketing platform, MediaV. Qihoo 360 shares closed Wednesday at $82.24, a gain of more than 2%. Louisiana-Pacific and Ainsworth Terminate $863M Deal The Termination:
Louisiana-Pacific LPX and Ainsworth Lumber ANSBF announced Wednesday the termination of their previously announced agreement of September 4, 2013, under which LP would acquire Ainsworth for $863 million in a cash and stock deal. The companies have determined that regulatory approvals cannot be obtained without divestitures, beyond those contemplated in the Agreement without lengthy and expensive litigation with US and Canadian authorities. No termination fee will be payable by either party. Louisiana-Pacific closed Wednesday at $15.13, a loss of 4.5%. Sears Holdings Considers Sale of Sears Canada Stake. The Strategic Review:
Sears Holdings SHLD announced Wednesday, it has hired an investment banking firm to assist in exploring strategic alternatives for its 51% stake in Sears Canada SEARF. A potential sale of the stake is an option. Sears Canada acknowledged the release by Sears Holdings and said its board and management intend to fully cooperate in the process. Sears Holdings closed Wednesday at $40.70, a loss of almost 6%. Hearing Fred's Seeking Buyers The Rumor:
Shares of Fred's FRED surged higher Wednesday on a report from DealReporter that the retailer has been talking to potential buyers. A spokesperson for the company was not available for comment. Fred's closed Wednesday at $16.88, a loss of 2%.