Takeover Speculation Continues to Surround Kimberly-Clark (KMB)
According to various reports, Kimberly-Clark Corp. (NYSE: KMB) call options were active yesterday on speculation the company could be a takeover target.
Kimberly-Clark has been seen as a takeover target since the 2005 buyout of competitor Georgia Pacific. Merrill Lynch has Kimberly-Clark on the top of their list of possible takeover targets.
The common stock of KMB is lower today, giving back most of yesterday's small gains.