Lamb Weston shares rose after Reuters reported that Post is working with bankers to explore a possible transaction with the french-fry maker. https://t.co/15C0GqOk1U
$LW buyout rumors? Guess who is presenting a long thesis update on Monday? https://t.co/bgZz4EA6xh
oh there we go $LW jumps now! Was noting the huge IV surge all morning in the @optionshawk hub and call buys Post working on possible tie-up with Lamb Weston, Reuters reports $POST
Post Holdings Inc. is reportedly exploring a potential acquisition of Lamb Weston Holdings Inc., according to Reuters. The discussions are said to involve bankers as Post considers a combination with the French fry manufacturer. Following the news, Lamb Weston shares experienced a notable increase, reflecting market optimism regarding the potential deal. The rising interest in Lamb Weston is further evidenced by significant activity in options trading, with a surge in implied volatility and call options being purchased throughout the day. This development has prompted speculation about a possible buyout, with analysts anticipating a long thesis update presentation on Monday.
