Why Societe Generale (SCGLY) Stock Is Higher Today

NEW YORK (TheStreet) -- Shares of Societe Generale (SCGLY) are up 2.96% to $12.16 in heavy trading volume after the Paris-based bank denied having any interest in acquiring Commerzbank (CRZBY) following a report in German magazine Bilanz yesterday that the bank and Spain's Santander  (SAN) were considering a merger, Reuters reports.

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