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Jim Cramer's Stop Trading! Do the Dow Deal
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The takeover games aren't over at Dow (DOW Quote), Jim Cramer said Thursday on CNBC's "Stop Trading!" segment.
Cramer noted that the stock is up 3% even after the firing of two execs tied to an unauthorized leveraged buyout effort. Cramer said he believes the rise reflects Wall Street's belief that one of the two, former finance chief Pedro Reinhard, will quit the board and lead an unsolicited takeover bid.
Cramer also criticized Dow chief Andrew Liveris, a member of the Citigroup (C Quote) board, saying he and other Citi board members are "pro status quo." ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,344.84 | 1,095.63 | 2,144.60 | 32.01 |
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