Harley-Davidson Takeover Rumors Resurface
The stock has risen 1.5% to $26.57. According to StreetAccount, this rumor has resurfaced numerous times in the past, including on Mar. 16.
On that day, there were rumors that private equity firm KKR might be interested in buying the outfit, causing a spike in Harley stock.
Such unsubstantiated, leveraged buyout rumors have been attributed to growing confidence among businesses in a U.S. economic recovery. This week, the confidence was no doubt bolstered by reassuring comments from Fed chairman Ben Bernanke.
Source: Harley-Davidson Takeover Rumors Resurface
Related Stories
06/09/2010 02:06 PM: 'Harley-Davidson: Road Trip' (Wii) Announced by WhiplashIn Harley-Davidson: Road Trip you’ll experience the roar of the engine, the shine of the chrome and the feeling of power and freedom on the open road. From the seats of six authentic Harley-Davidson ...
06/03/2010 04:34 PM: Harley-Davidson confirms XR1200X for U.S. in 2011 by Whiplash
The XR1200X is Harley-Davidson® Sportster performance honed to its finest edge. Introduced in 2010 for export markets only, the XR1200X will be available through Harley-Davidson dealers in the United ...
05/22/2010 03:16 PM: Harley-Davidson's recent Black-N-Blue Ball a success by Whiplash
Big hearted bikers, businesses and caring community leaders led by motorcycle manufacturer Harley-Davidson broke fundraising records this month. According to the Muscular Dystrophy Association, the 1...
05/19/2010 09:12 AM: Drew Peterson's Harley-Davidson Motorcycle Has Finally Sold by TimothyT
Drew Peterson's lawyer says Peterson's Harley-Davidson motorcycle has finally sold - after being pulled off eBay at least twice. Price is unknown but he was asking $50,000 more then two times the bl...
05/15/2010 09:52 AM: Bruce Rossmeyer; Carrying on a Harley-Davidson legacy by TimothyT
On my recent trip down to Florida to escape the cold, I noticed the many billboards still showing Bruce Rossmeyer’s smiling face inviting you to his Harley Davidson dealership, Destination Daytona. If...
