InterContinental Hotels higher amid buyout talk

|About: InterContinental Hotels G... (IHG)|By:, SA News Editor

Shares of InterContinental Hotels (IHG) are higher in premarket action after the company reportedly rejects a £6B from a U.S. hotel concern.

Analysts have a mixed read on if InterContinental will engage in serious talks on a new bid.

IHG +3.4% premarket