Monday, May 7, 2007

Gottschalks, Imperial Sugar, Tenaris, Wendy's: U.S. Equity Movers Final

(Bloomberg) -- The following is a list of companies whose shares had unusual price changes in U.S. exchanges today. Stock symbols are in parentheses after company names. Share prices are as of 4 p.m. New York time.

Alcan Inc. (AL US) rose $21.08, or 35 percent, to $82.11. Alcoa Inc., seeking to become the world's largest aluminum company, made an unsolicited $26.9 billion cash and stock takeover offer for Alcan. Each Alcan share would be exchanged for $58.60 in cash and 0.4108 of an Alcoa share. That values Alcan at $73.25, or 20 percent more than its last closing price, Alcoa said in a statement.


Read more at Bloomberg Stocks News

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