Shares of Bohemia-Based Nbty Surge On Buyout Rumor

Summary


Shares of NBTY Inc. jumped nearly 8 percent in midday trading Wednesday after a report surfaced that the vitamin distributor is up for sale.

The Bohemia-based company's stock (NYSE: ) was up $4.40 per share Wednesday afternoon to trade at $53.08.

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Extract


Shares of Bohemia-Based Nbty Surge On Buyout Rumor

TheDeal.com said three sources confirmed the buyout rumor, and NBTY has retained Bear, Stearns & Co. and Ba...

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