Mead Johnson (MJN) Jumps On Reports Of Possible Takeover By Danon
Shares of Mead Johnson Nutrition Company (NYSE: MJN) are seeing interest mid-day on reports from FT Alphaville that Danon has brought in investment bank Lazard to work on a possible bid for Mead Johnson, following Kraft's (NYSE: KFT) takeover attempt for Cadbury (NYSE: CBY) and Unilever’s purchase of Sara Lee's (NYSE: SLE) personal care brands.
Shares of Mead Johnson have popped 7% on the reports, although we would call this in the "very early rumor stage."
Real-Time Market Moving News Two-Weeks FREE http://www.streetinsider.com/premium_content.php
Create E-mail AlertRelated Categories
Insiders' BlogMomentum Movers
Rumors
Stocks Mentioned
+0.00Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
