Navigate this market better. Subscribe for FREE stock alerts and information.

Friday, July 11, 2014

Deals of the day- Mergers and acquisitions, (NASDAQ: MDLZ)

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:** Mondelez International Inc, maker of Cadbury chocolate and Oreo cookies, said it would create a "stand-alone" European cheese and grocery business to focus on its fast-growing snacks business, including biscuits, gum and candy.

Mondelez International, Inc. (Mondelez International) is a snack manufacturing company. Shares of MDLZ traded higher by 1.13% or $0.43/share to $38.42. In the past year, the shares have traded as low as $29.75 and as high as $38.47. On average, 7611470 shares of MDLZ exchange hands on a given day and today's volume is recorded at 13136269.



Source