Market Overview

American Axle Rumored To Receive Takeover Interest From GM (AXL)

American Axle (NYSE: AXL) is receiving takeover interest today from General Motors (NYSE: GM), according to unconfirmed rumors. The current circulating chatter is naming $25/share as a possible target. Sources for this rumor are unconfirmed.

This article may include mentions of rumors, chatter, or unconfirmed information. Readers should beware that while unconfirmed information may be correlated with increased volatility in securities, price movements based on unofficial information may change quickly based on increased speculation, clarification, or release of official news.

Posted-In: Rumors

 

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