While 1,681 NYSE-traded stocks were hitting 52-week lows today, one lonely stock hit a 52-week high: Wm. Wrigley Jr. Company (WWY), which had the good fortune to announce today that it had “completed its merger transaction with Mars, Incorporated. As a result, Wrigley will become a subsidiary of privately held Mars, Incorporated. Under the terms of the agreement, Wrigleystockholders will be entitled to receive $80.00 in cash….”
Congratulations to Wm. Wrigley Jr. Company, our Warrior Stock of the Day!
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