Finanzas: Michael Kors pops after report of takeover bid

 

Shares of Michael Kors (NYSE:KORS) are up 5.05% and were above $50 briefly after Intereconomia (Spanish language site) reports on a possible takeover offer at $55.50 per share.

LEA TAMBIÉN: Finanzas: Burberry se desploma más de un 7% en Bolsa

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It’s not the first time Michael Kors has been the subject of M&A rumors. Several times in the past, mid-day takeover pops have deflated before the final bell.

Fuente: Seeking Alpha


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