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home / news releases / FERG - Ferguson gains after report of takeover speculation

FERG - Ferguson gains after report of takeover speculation

Ferguson plc
Ferguson Plc (NYSE:FERG) rose 3.8% after a report that the US-UK listed building supplies is speculated to be involved in some potential corporate transaction. Some people following the matter have heard speculation that Ferguson is "in play" and may have interest from a possible buyer, according to a Betaville "uncooked" alert. It's possible that the potential buyer may be based in the U.S. The report also highlighted that Ferguson (FERG) is currently repurchasing its shares, which may mean that the company hasn't received any real offer. Ferguson CEO Kevin Murphy appeared on Cramer's "Mad Money" show on CNBC on Thursday evening. Ferguson released its Q3 results on Tuesday.

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Ferguson gains after report of takeover speculation
Stock Information
Company Name: Ferguson plc
Stock Symbol: FERG
Market: NYSE
Website: fergusonplc.com
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