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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.
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.

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