Hot Stock Alerts

Potential Breakout Stocks of the Day:
Top Stocks 2021 - TSLA BYND GBTC
Top Penny Stocks 2021 - GBTC

Stock Market Closing Report - 12/8/20 December 8, 2020

Wednesday, August 18, 2010

Potash Corp (POT) Stock on Fire - BHP Billiton Offer to Jump?

Shares of Potash Corp. of Saskatchewan, Inc. (POT) are up for the second straight day after the conpany received a buyout offer from BHP Billiton Ltd. (BHP) on Tuesday. At this point, investors are speculating that another company will step up for a higher bid or BHP Billiton will raise their offer. Catharine Sterritt, a guest on CNBC, thinks Potash Corp may get taken over for $160 per share.

From BHP Billiton Website:

Response to Speculation About BHP Billiton and Potash Corporation of Saskatchewan

BHP Billiton confirms that it has made an approach to Potash Corporation of Saskatchewan (PotashCorp) regarding a possible acquisition of PotashCorp at a price of US $130 per common share. To date the Board of PotashCorp has not agreed to engage in discussions.
BHP Billiton continues to review its options and will make a further announcement in due course.

Today's Biggest Stock Market Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Hot OTC Stocks - Stocks for 2010

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/

Copyright © 2008-2020 - daytradingstockblog.blogspot.com

Stocks to Buy 2020 - Click Here