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HGGR May Be an M&A Play to Watch

May 24, 2005 1:52 PM EDT
INSIDERS' BLOG: Apparel maker Haggar Corp (Nasdaq: HGGR) may be an M&A play to watch. On 03/31, reports surfaced the company hired Bear Stearns to explore strategic alternatives. The stock rose immediately following the report --- going from its 03/30 close of $16.84 and topping out at $21.83 on 04/12. The stock is currently trading at $18.70.

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Insiders' Blog, Mergers and Acquisitions