Trader Talk

Colgate Really Sparkles After Hours

Colgate up about 5 percent on a report from the London Telegraph that Reckitt Benckiser, a UK based consumer product company that owns Lysol household cleaner among other products, may be interested in purchasing the company.

The story itself only says that Reckitt is close to announcing a multi-billion pound cross-border transaction. SSL International, which makes Scholl footwear, was also mentioned as a possible target. _____________________________


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