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Shares of Joy Global (JOY +2.4%) are spiking on renewed takeover talk. This time the rumor is...

Shares of Joy Global (JOY +2.4%) are spiking on renewed takeover talk. This time the rumor is that GE has offered $78 per share for the company. Earlier in the week, William Blair's Larry De Maria commented that a takeout of JOY by GE was highly likely over the medium term.
Comments (2)
  • retiredsquid
    , contributor
    Comments (30) | Send Message
     
    Looks like a third acquisition by GE for 2012, but nothing for the stockholder.
    26 Oct 2012, 01:51 PM Reply Like
  • ferick
    , contributor
    Comments (8) | Send Message
     
    You're right on time, as usual. JOY started the spike at approx. 10:30 and you sent your notice at approx. 11:30, right after the spike ended.
    Fortunately for me, I got another notification at 9:30.
    26 Oct 2012, 01:55 PM Reply Like
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