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By Sheena Lee

Deal Idea: Is Nasdaq (NASDAQ:NDAQ) next in line to buy CBOE? “Nasdaq, I think, is probably the odd man out right now,” said Larry Tabb, founder of research and advisory firm Tabb Group. “You would expect Nasdaq to make the next move.” Given its $5.1 billion market cap and focus on the intensely competitive, low-margin equities business, Nasdaq was more likely to be an acquirer than a target, said Tabb.

CBOE is probably an obvious pick in terms of, “if it’s not a consolidator, it’s probably a target,” said Ed Ditmire, an analyst at Macquarie Securities. (Reuters)

Today’s Rumor: Market talk that Pepsi (NYSE:PEP) may bid for Dr Pepper Snapple Group (NYSE:DPS). (RANsquawk)

Other Deal Activity:

ZTE Corp. (OTCPK:ZTCOF), China’s No. 2 telecoms equipment maker, will take part in the bid for bankrupt Nortel Network’s (NT) 4G network technology, a senior executive said. (Reuters)

Nelson W. Peltz’s investment firm has offered to buy Family Dollar Stores (NYSE:FDO), the low-price retailer, for at least $7 billion, the company said in a regulatory filing. (DealBook)

Wesfarmers (WSFMF.PK ) has been revealed as a bidder for Australia’s biggest ammonia producer after the competition watchdog said it was investigating the conglomerate’s “possible acquisition” of a controlling stake in Burrup Fertilisers. (The Australian)

A.C. Moore Arts and Crafts (NASDAQ:ACMR) said that its board was considering strategic options, including a possible sale of the company. (DealBook)

Source: Nasdaq and CBOE Merger Next?