BJ's Wholesale Club may face a hostile bid from the takeover firm if the chain does not initiate an auction as planned, according to sources quoted in the New York Post. Reports are also saying that analysts at Jefferies estimate BJ's could be worth $50 to $55 a share. BJ is up more than 6 percent from yesterday's close.
Wednesday, December 29, 2010
BJ's Wholesale Club Stock Up Sharp Today
NY Post Reports a BJ's Possible Takeover:
BJ's Wholesale Club may face a hostile bid from the takeover firm if the chain does not initiate an auction as planned, according to sources quoted in the New York Post. Reports are also saying that analysts at Jefferies estimate BJ's could be worth $50 to $55 a share. BJ is up more than 6 percent from yesterday's close.
BJ's Wholesale Club may face a hostile bid from the takeover firm if the chain does not initiate an auction as planned, according to sources quoted in the New York Post. Reports are also saying that analysts at Jefferies estimate BJ's could be worth $50 to $55 a share. BJ is up more than 6 percent from yesterday's close.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment