Mead Johnson Potential Takeover Price $120-130, Citi Says
2014-07-23 13:34:58.330 GMT
By Krysta Huber
July 23 (Bloomberg) -- Increasingly likely that Mead
Johnson Nutrition will be takeout candidate for Danone given
DANOY situation in China, Citi analyst says in note; ests. $120-
$130 takeout value for MJN.
* MJN buyout in “realm of possibility”
* Reiterates MJN buy, PT raised to $109 vs $105
* NOTE: Yday, Danone Started Strategic Review, WSJ Says
* NOTE: Yday, Mead Johnson Boosts Low End of Yr Adj EPS View;
2Q Misses by 1c
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To contact the reporter on this story:
Krysta Huber in New York at +1-212-617-0219 or
khuber9@bloomberg.net
To contact the editor responsible for this story:
Brad Skillman at +1-212-617-2763 or
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2014-07-23 13:34:58.330 GMT
By Krysta Huber
July 23 (Bloomberg) -- Increasingly likely that Mead
Johnson Nutrition will be takeout candidate for Danone given
DANOY situation in China, Citi analyst says in note; ests. $120-
$130 takeout value for MJN.
* MJN buyout in “realm of possibility”
* Reiterates MJN buy, PT raised to $109 vs $105
* NOTE: Yday, Danone Started Strategic Review, WSJ Says
* NOTE: Yday, Mead Johnson Boosts Low End of Yr Adj EPS View;
2Q Misses by 1c
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Krysta Huber in New York at +1-212-617-0219 or
khuber9@bloomberg.net
To contact the editor responsible for this story:
Brad Skillman at +1-212-617-2763 or
bskillman1@bloomberg.net