Mondelez International (MDLZ) Is Up Sharply On Reports Of Takeover Interest
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According to media reports, Kraft Heinz (KHC) is interested in acquiring Mondelez International (MDLZ). Mondelez is now up 4.16 on 2.9 million shares. Mondelez International declined in the early afternoon Wednesday and finished with a loss of 0.25 at $42.83. The stock pulled back from the upper end of a 1-month trading range.
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