Wednesday, December 06, 2006

Timberland (TBL) Slightly Higher After Cramer Mentions Possible Takeover

Timberland (NYSE: TBL) is slightly higher this morning following a mention as a takeover target by Jim Cramer on Mad Money yesterday. Cramer said VF Corp (NYSE: VFC) may try to buy the company.

According to recent reports from the Wall Street Journal, Timberland hired Goldman Sachs to explore strategic options including a possible sale.

Shares of Timberland are 1.6% higher to $32.35.

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