M&A chatter brings some buyers into Kellogg

|About: Kellogg Company (K)|By:, SA News Editor

Shares of Kellogg (NYSE:K) are being driven higher by some loose chatter of a Coca-Cola bid for the food company.

Kellogg is up 0.80% after sitting in negative territory before the M&A talk started to circulate.

Analysts have been warning that some food stocks are already trading with a healthy M&A premium baked into their share price.

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