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Why the Newell Rubbermaid Stock Price Slipped After $13.22 Billion Deal Today
The Newell Rubbermaid stock price slipped 11% Monday after the company inked a $13.22 billion deal to buy Jarden Corp. (NYSE: JAH).
Talks of a deal surfaced last week, but Monday's official announcement failed to generate much enthusiasm. Even with today's drop, Newell Rubbermaid Inc. (NYSE: NWL) stock is up 6.2% year to date.
The Newell Rubbermaid stock price slipped 11% Monday after the company inked a $13.22 billion deal to buy Jarden Corp. (NYSE: JAH).
Talks of a deal surfaced last week, but Monday's official announcement failed to generate much enthusiasm. Even with today's drop, Newell Rubbermaid Inc. (NYSE: NWL) stock is up 6.2% year to date.