The Rumor:
Joy Global (NYSE:
JOY) was once
again the subject of takeover chatter on Tuesday with GE
(NYSE:
GE) the rumored
buyer once again. The two companies are reportedly in final
negotiations for a deal at $76 per share, according to sources.
GE has been frequently mentioned as a potential buyer for Joy
Global. A note from William Blair in September 2012, mentioned GE
as a "likely" buyer.
Spokespersons for GE and Joy Global declined comment on the
rumor.
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JOY
Posted by hawkinslf on 20th of Feb 2013 at 10:33 am
Anyway know what is going on with JOY?
JOY Rumors
Posted by steve on 20th of Feb 2013 at 10:35 am
The Rumor:
Joy Global (NYSE: JOY) was once again the subject of takeover chatter on Tuesday with GE (NYSE: GE) the rumored buyer once again. The two companies are reportedly in final negotiations for a deal at $76 per share, according to sources.
GE has been frequently mentioned as a potential buyer for Joy Global. A note from William Blair in September 2012, mentioned GE as a "likely" buyer.
Spokespersons for GE and Joy Global declined comment on the rumor.