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Wall Street's M&A Chatter From December 16-18

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday, December 16, through Sunday, December 18, 2016.

Hearing JAB Holding in Talks to Acquire Dunkin' Brands

The Rumor:

Shares of Dunkin Brands Group Inc DNKN spiked to a high of $56.13 on Friday, as traders circulated unconfirmed market chatter that European investment fund JAB Holding Co. is in talks to acquire the coffee chain for approximately $67 per share or $6 billion. Earlier this year, a group led by JAB acquired Keurig Green Mountain for $92 per share.

Dunkin' Brands closed at $55.44 on Friday, up 3.47 percent.

Stifel Commenting That They Believe Finisar Will Acquire Oclaro For $13/Share

The Analyst Comments:

Stifel commented that it believes Finisar Corporation FNSR will acquire Oclaro, Inc. OCLR for $13 per share. That's more than a 50 percent premium for the closing price of $8.61 on December 15.

Oclaro is a provider of optical components and modules for the long-haul, metro and data center markets.

Oclaro closed Friday at $9.23, up 7.08 percent.

CBS Considering Bid for Sony Pictures

The Rumor:

CBS Corporation CBS head Les Moonves flew to Japan in an attempt to acquire Sony Pictures SNE, according to sources as reported by the New York Post on Sunday. CBS has been rumored to be seeking other tie-ups since Shari Redstone withdrew her proposal for a merger with Viacom, Inc. VIAB last week.

CBS closed Friday at $64.54, up $0.51.

Fairfax Financial to Acquire Allied World for $54/Share in Cash and Stock

The Deal:

Fairfax Financial Holdings Limited FRFHF and Allied World Assurance Company Holdings, AG AWH have entered into a merger agreement, under which Fairfax will acquire all of the outstanding registered ordinary shares of Allied World for $54.00 per share, including $10.00 per share in cash and $44.00 per share in Fairfax stock.

Allied World closed Friday at $45.77, up $0.27.

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