Danone to Pursue Takeover of Mead Johnson Nutrition -Reuters
October 17 2014 - 1:31PM
Dow Jones News
Danone S.A. (BN.FR) will launch an effort to acquire U.S. infant
formula maker Mead Johnson Nutrition Group (MJN), Reuters reported
Friday on its website, citing people familiar with the matter.
The French food company had conducted an internal review and
decided upon Mead Johnson as its preferred target, one person told
Reuters.
Mead Johnson's shares were up by $8.85 to $100.06 in early
afternoon trading.
Full story at:
www.reuters.com/article/2014/10/17/us-mead-johnson-m-a-danone-idUSKCN0I61WM20141017
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