Wall Street’s M&A Chatter From July 14-16: Dominion Diamond, Unilever-Hormel-Reckitt, H&E Equipment-Neff, Mobileye-Intel

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The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday, July 14, through Sunday, July 16, 2017.

Washington Cos. in Advanced Talks with Dominion Diamond

The Rumor:

Dominion Diamond Corp (NYSE: DDC) is in advanced, friendly talks with the Washington Companies regarding a sweetened cash offer, over and above the current $13.50 bid, according to sources as reported by Reuters on Friday. The talks are centered around working out a price for a deal, which could be announced in the coming weeks, the sources said.

Dominion responded to the reports, reiterating that its Board of Directors had formed a Special Committee to review strategic alternatives focused on maximizing shareholder value and said it has not made any decisions at this time.

Dominion Diamond closed at $13.48, up 72 cents.

H&E Equipment Services …

Full story available on Benzinga.com