Wednesday, October 27, 2010

Brocade Communications Surges On Renewed Buyout Rumor

Shares of Brocade Communications Systems, Inc. (NASDAQ: BRCD) surged as much as 5% on Wednesday on renewed speculation that the company could be a takeover target. Potential buyers may include Hewlett Packard (NYSE: HPQ) and IBM (NYSE: IBM). Stay tuned for more.

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