Knogo Sets Off A BuzzBy
There's nothing like a good merger story to pull a stock up in a hurry. That's what happened to Knogo after it announced in late June that it had hired Smith Barney to seek a buyer or a strategic partner with deep pockets. Shares of the maker of antishoplifting surveillance systems galloped from 10 in early June to 15. Is the party over then for Knogo's stock?
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