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Adobe (ADBE +8.2%) shares surge on heavy volume attributed to takeover chatter sparked by a NYT...

Oct. 07, 2010 3:46 PM ETAdobe Inc. (ADBE) StockMSFT, ADBEBy: Carl Surran, SA News Editor13 Comments
Adobe (ADBE +8.2%) shares surge on heavy volume attributed to takeover chatter sparked by a NYT report that Microsoft (MSFT +0.3%) may want to make a bid for the company. Microsoft CEO Steve Ballmer reportedly held a secret meeting with Adobe CEO Shantanu Narayen, and a possible acquisition was among the topics.

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