Back to Search
Start Over
Lamb Weston Jumps on Report of Post Mulling Possible Deal.
- Source :
- Bloomberg.com; 12/13/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- Lamb Weston Holdings Inc. saw a rise in its shares following reports that Post Holdings Inc. is exploring a potential deal with the french-fry maker. This news led to a significant increase in Lamb Weston's stock price, while Post experienced a drop. The discussions come amidst pressure from activist investor Jana Partners for Lamb Weston to consider strategic alternatives. Post had previously considered acquiring Lamb Weston in 2015. [Extracted from the article]
- Subjects :
- EQUITY stake
STOCK prices
SHAREHOLDER activism
STOCKHOLDERS
DELIBERATION
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 181645723