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Huge pop for $
on a no news rumor.
Hard to say how much the pop is due to the Pepsi merger rumor or just Peltz's stake in MDLZ.
Yep, wouldn't mind the pepsi deal, it'd be a huge snack/candy biz then, and would probably be spunoff from the drinks eventually.
Merger, spinoff, repeat. Works for me!
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Mondelēz International, Inc.
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From other sites
Mondelez sale sees Vegemite go back to Australian ownership
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at TheStreet (Tue, 9:00AM)
Price hikes in the mix for Mr Kipling
at Financial Times (Jan 10, 2017)