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Stock Market & Financial Investment News

News Breaks
February 19, 2013
07:21 EDTWPRT, CMIWestport takeover by CMI highly unlikely, says JPMorgan
JPMorgan says shares of Westport Innovations (WPRT) rallied Friday on a report that Cummins (CMI) is looking to acquire the company at $42 per share. The firm views a potential deal as highly unlikely and says the $42 per share price makes little sense. JPMorgan keeps a Neutral rating on shares of Westport.
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