Lincoln National (LNC) "No Comment" On Internet Takeover Rumors

August 27, 2010 2:03 PM EDT
A Lincoln National (NYSE: LNC) spokesperson said they have seen rumors on the internet that the company could be the target of a takeover and have "no comment."

Financial website Benzinga.com reported that Manulife had made a $32 per share bid for Lincoln National, without citing where they received the information.

Shares of Lincoln National are up 9 percent today on the speculation.


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