A look at the Wall Street rumor mill - Unfiltered. Most of the rumors posted on this blog will never, ever, ever come true. Many are BS. Even more are wishful thinking. YOU SHOULD NEVER BUY A STOCK ON A RUMOR - NEVER! GOT IT? NOW ENJOY.
Tuesday, December 12, 2006
Reports Terayon (TERN) Is a Takeover Target
Reports from Lightreading.com, Terayon Communication (OTC: TERN) is the target of a takeover bid, with Motorola Inc. (NYSE: MOT) and Cisco (Nasdaq: CSCO) said to be likely suitors. The report said Terayon could be bought for $225-$275 million in the next few weeks. Link