Deutsche Bank Downgrades The WhiteWave (WWAV) to Hold; Competing Bid 'Relatively Unlikely', Says Analyst

Go back to Deutsche Bank Downgrades The WhiteWave (WWAV) to Hold; Competing Bid 'Relatively Unlikely', Says Analyst

WhiteWave Foods (WWAV) Extends Gains Over Takeout Price

July 8, 2016 1:51 PM EDT

WhiteWave Foods (NYSE: WWAV) moves higher mid-day. Shares are again trading above the $56.25 takeover price. Although many analysts are skeptical, trading action suggests a higher bid could come. Shares last at $56.49.

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Stifel Downgrades The WhiteWave Foods Company (WWAV) to Hold

July 8, 2016 8:11 AM EDT

Stifel downgraded The WhiteWave Foods Company (NYSE: WWAV) from Buy to Hold.

For an analyst ratings summary and ratings history on The WhiteWave Foods Company click here. For more ratings news on The WhiteWave Foods Company click here.

Shares of The WhiteWave Foods Company closed at $56.23 yesterday.

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Wedbush Downgrades The WhiteWave Foods Company (WWAV) to Neutral Amid Takeout

July 8, 2016 7:00 AM EDT

Wedbush downgraded The WhiteWave Foods Company (NYSE: WWAV) from Outperform to Neutral with a price target of $56.25 (from $50.00) after the company agreed to be acquired by Danon.

Analyst Phil Terpolilli said they dont foresee incremental bids or problems closing. " We dont see any... More

Danone to Acquire WhiteWave Foods (WWAV) for $12.5 Billion

July 7, 2016 5:56 AM EDT

Danone (OTC: DANOY) and The WhiteWave Foods Company (NYSE: WWAV) announced that they have entered into a definitive merger agreement under which Danone will acquire WhiteWave for $56.25 per share in an all-cash transaction, representing a total enterprise value of approximately $12.5 billion, including debt and certain other WhiteWave liabilities. The transaction has been unanimously approved by the Board of Directors of both companies. Its price represents a premium of approximately 24 percent over WhiteWaves 30-day average closing trading price ($45.43). The transaction is expected to close by the end of the year,... More