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Shares of Federal-Mogul Holdings (FDML) resumed trading during midday Tuesday, after being halted on reports of a buyout by Icahn Enterprises (IEP).
Icahn Enterprises' sweetened $8 per share offer for the 18% of the auto parts maker it doesn't already own doesn't match where the stock has been trading.
Stocks lose some momentum by late afternoon Monday, though equities trade sharply higher on better chances of a 'remain' vote in the 'Brexit' referendum.
U.S. stocks held onto big gains as new 'Brexit' polls suggested the UK could remain in the European Union.