Barnes Group shares are trading higher following a report suggesting that Apollo Global Management is in talks to acquire the company.
Portfolio Pulse from Benzinga Newsdesk
Barnes Group shares are experiencing an uptick due to reports that Apollo Global Management is in discussions to acquire the company.
October 04, 2024 | 12:19 pm
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Barnes Group shares are trading higher following reports of potential acquisition talks with Apollo Global Management.
The news of acquisition talks typically leads to a positive short-term impact on the target company's stock price as investors anticipate a potential buyout premium.
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