Why Dean Foods Co's Shares Popped 11% In October

Image source: Getty Images.Shares of dairy company Dean Foods Co (NYSE: DF) rose 11.3% in October, according to data provided by S&P Global Market Intelligence, with speculation swirling that the company could be acquired. The Financial Times first reported that Hongsheng Beverage, a subsidiary of Hangzhou Wahaha Group, is looking into a buyout offer for Dean Foods.

 

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