Tuesday, July 3, 2007

Corrected: Wall St set to open higher on M&A

(Reuters) - NEW YORK - Wall Street was set to start a shortened session higher on Tuesday, helped by the latest merger and acquisition news and before data on the manufacturing and housing sectors.




Kraft Foods is in exclusive talks to buy Danone's biscuit and cereal unit for 5.3 billion euros in cash, the companies said. Kraft's shares rose 0.8 percent in Europe.


Read more at Reuters.com Hot Stocks News

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