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Fly News Breaks for July 7, 2016
WWAV
Jul 7, 2016 | 13:49 EDT
Maxim said WhiteWave (WWAV) could see another bid surface despite the $310M breakup fee it would have to pay Danone. Analyst Anthony Vendetti said the industry is growing much faster than the traditional food and beverage industry, and he believes WhiteWave is an attractive target for a number of companies. Vendetti said WhiteWave is worth at least $60 per share, above Danone's $56.25 cash offer, and raised his price target to $60 from $55 on shares.
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