When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Shares of New Jersey-based waste management company Covanta Holding (NYSE: CVA) are up 10.4% as of 11 a.m. EDT on rumors of a reported buyout.
As TheFly.com reported this morning, the Dealreporter.com website is citing "four sources familiar with the situation" that say Covanta has retained Bank of America to advise it on a potential sale.
A "handful of financial buyers, including infrastructure funds," are reportedly considering buying Covanta, says Dealreporter, and the bidding is already in "the middle of the second round."