(Reuters) - NEW YORK, July 3 - Wall Street advanced in a
holiday-shortened session on Tuesday, lifted by the latest
takeover news and stronger-than-expected manufacturing data.
In deal news, Kraft Foods Inc. is in exclusive talks
to buy Danone's biscuit and cereal unit for 5.3
billion euros in cash, the companies said. For
details, see [ID:nL03276080]. Kraft's shares fell 1.3 percent
to $35.10.
Read more at Reuters.com Bonds News
holiday-shortened session on Tuesday, lifted by the latest
takeover news and stronger-than-expected manufacturing data.
In deal news, Kraft Foods Inc. is in exclusive talks
to buy Danone's biscuit and cereal unit for 5.3
billion euros in cash, the companies said. For
details, see [ID:nL03276080]. Kraft's shares fell 1.3 percent
to $35.10.
Read more at Reuters.com Bonds News
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