Shares of LogMeIn have been halted, pending news, in morning trading. The Fly notes that Bloomberg’s Nabila Ahmed, Kiel Porter and Scott Deveau reported last week that private equity firm Francisco Partners Management has partnered with hedge fund Elliott Management to make a bid to take LogMeIn private for more than $4B. The report, which cited people familiar with the matter, said the investment firms were in advanced talks to buy LogMein and a deal could be announced in the coming weeks.