Market Rumors 05/17

Market Rumors:

Apple's (Nasdaq: AAPL) iPhone has passed FCC certification milestone and the phone will ship in June, according to the company, killing any rumors of a delay.

Warner Music (NYSE: WMG): EMI opens its books. Warner Music will get limited due diligence access along with other potential bidders.

Jefferies Group Inc. (NYSE: JEF): Continued Takeover Chatter

Parker Drilling Co. (NYSE: PKD): Mentioned as a takeover target.

Jones Apparel Group Inc. (NYSE: JNY): Mentioned as an attractive takeover target.

BCE, Inc. (NYSE: BCE): Reports from the Globe and Mail, Cerberus Capital is preparing a bid

Lexmark International (NYSE: LXK): Takeover rumors resurface. In the past, Lenovo was mentioned as a buyer of the printer maker.

aQuantive (Nasdaq: AQNT): Seen as next online advertising takeover target after takeover of 24/7 Real Media Inc. (Nasdaq: TFSM)

ValueClick Inc. (Nasdaq: VCLK): Seen as next online advertising takeover target after takeover of 24/7 Real Media Inc. (Nasdaq: TFSM)

Sara Lee Corp. (NYSE: SLE): Renewed takeover speculation

Marsh & Mclennan (NYSE: MMC): Mentioned as an attractive takeover target

Monolithic Power Systems (Nasdaq: MPWR): Deutsche Bank upgrades to Buy and says the company is now a more attractive acquisition target after a favorable ruling in the O2 Micro trial.

Nexstar Broadcasting Group (NASDAQ: NXST): Hires Goldman, Sachs & Co. to assist the Company in reviewing strategic alternatives including, but not limited to the sale of the Company.

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