Takeover Speculation Surrounds Illumina (ILMN)... Again

January 4, 2012 10:10 AM EST
Takeover speculation is back on Illumina Inc. (Nasdaq: ILMN), and so far traders aren't buying it. After making a sharp 3.2% jump on the rehashed rumors, shares are now up just 0.8%.

These rumors appear to come from the same unreliable sources that reported them in early December. Nice try... see you again in February.

One day Illumina may find itself the target of a takeover, but no deal appears imminent.


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