Friday, 25 May 2007

U.S. Stocks Gain on M&A as Coca-Cola, Archstone-Smith Shares Lead Advance

(Bloomberg) -- U.S. stocks posted their biggest gain
this week after Coca-Cola Co. made its largest acquisition and on
speculation that real-estate companies will be the next takeover
targets.

Shares of Coca-Cola climbed the most in the Dow Jones
Industrial Average after the world's biggest soft-drink maker
agreed to buy the maker of Glaceau Vitaminwater for $4.1 billion.
Real-estate shares advanced for the first time in three days
after UBS AG said Archstone-Smith Trust, the No. 2 U.S. apartment
owner, is a potential takeover target.


Read more at Bloomberg Stocks News

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