Takeover Talk Heats Up for Beam (BEAM)
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Beam (Nasdaq: BEAM) is indicated to open higher Tuesday following reports overseas the company is the target of a takeover bid.
The UK's Daily Mail is reporting that Diageo and Pernod could be interested in bidding up to $90 per share for the company.
While the rumors have traders in a frenzy this morning, it should be noted that many Daily Mail "rumors" prove untrue, although they do give the stocks a ride.
The UK's Daily Mail is reporting that Diageo and Pernod could be interested in bidding up to $90 per share for the company.
While the rumors have traders in a frenzy this morning, it should be noted that many Daily Mail "rumors" prove untrue, although they do give the stocks a ride.
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