Thursday, April 19, 2007

Takeover Talk

... or 'chatter', prevelant today. There's vague rumor again surround Heinz (HNZ) - who would at record highs?

David Faber on CNBC is expecting to hear about offers on Monday for Medimune (MEDI). More than 10,000 May 50 MEDI calls have traded on hopes for a low to mid 50's bid. DOn't forget Carl Ichan has about 3 mln shares of the company.

Also seeing busy options activity in the realm of Celgene (CELG). Pick your poison.

No comments: