Breaking Finance News

BREAKING- Unconfirmed Rumors of Buffett Bidding $75 for Joy Global (JOY)

Update: This was rumored in 2011 as well. Read this article.

Shares of Joy Global (NYSE: JOY) are up 1.4 percent in early trading Friday. An unconfirmed rumor posted by Benzinga is saying that Warren Buffett may offer $75 per share for the company.

There is no more information and often these rumors are not true. We will bring you more information if any news breaks.

Joy Global Inc. engages in the manufacture and servicing of mining equipment for the extraction of coal, copper, iron ore, oil sands, and other minerals. It operates in two segments, Underground Mining Machinery and Surface Mining Equipment.

[stock-tools exchange="NYSE" symbol="JOY" image_height="230" image_width="350"]

Disclosure: At the time of this writing, the author had no position in the company mentioned.

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