Kellog

[Dexter]

I'm sure everyone saw this already, but I just checked and Kellogg surged today on huge volume, more than it has since 2009.

Unfortunately this brings the yield down to 2.77%.

There seems to be no reason for the surge other than "buyout rumors" due to unusual options activity.

It's kind of hard to see Kelloggs being bought out.

[earthtodan]

There have been rumors of M&A in the food industry. CPB rallied hard a while ago when it was rumored that Buffet might buy them. I don't follow K though.