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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 10.20+0.6%3:59 PM EDT

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To: richardred who wrote (4191)2/2/2017 10:35:06 AM
From: richardred   of 7058
Reckitt Targets Mead Johnson With Surprise $16.7 Billion Bid
by Thomas Mulier
and Paul Jarvis
February 1, 2017, 6:15 PM EST February 2, 2017, 9:39 AM EST

$90-a-share offer represents 29 percent premium for shares

P.S. In 1926, French’s was sold to J. & J. Colman of the United Kingdom a company that as well as its own mustard brand produced home care products such as Lysol, Reckit’s Blue and Brasso, as well as other products such as the Frank's RedHot condiment line. [1]

Until 1987, French’s headquarters was located at 1 Mustard Street in Rochester, New York. During its heyday, French’s was a sponsor of the local weather forecast, featuring its address prominently in television advertising. They also were a prominent sponsor of the Rochester Red Wings baseball club, often in conjunction with a local brand of hot dogs, Tobin's First Prize. The former headquarters location at 1 Mustard Street is now home to a variety of professional offices and public agencies.

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