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

|About: Joy Global Inc. (JOY)|By:, SA News Editor

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.