Colgate-Palmolive's CEO recently signaled he would be open to selling the company for $100 a share, a source told the New York Post.
CEO Ian Cook's stated price tag, valuing the consumer-products giant at more than $88 billion, came at a meeting with institutional investors that took place in recent weeks. Colgate-Palmolive shares were rising 4.2% in premarket trading to $74.57.
Submitted May 17, 2017 at 07:03AM by gambit270 http://ift.tt/2qrKbHk
