BP shares were whipsawed Wednesday as investors reacted to reports that the oil major might be acquired.
BP shares jumped more than 10% to a session high of $32.94 on a report in The Wall Street Journal that Shell was in early-stage talks to acquire BP. The report, citing people familiar with the matter, said a deal was far from certain.
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BP shares were whipsawed Wednesday as investors reacted to reports that the oil major might be acquired.
BP shares jumped more than 10% to a session high of $32.94 on a report in The Wall Street Journal that Shell was in early-stage talks to acquire BP. The report, citing people familiar with the matter, said a deal was far from certain.
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