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Diageo Shares Spike Briefly On Rumor Of Moet Hennessy Stake Sale
Wednesday, June 17, 2015 - 11:42am | 233Read More...Diageo plc (NYSE: DEO) shares spiked around 10:30 a.m. following a rumor that LVMH Moet Hennessy Louis Vuitton SE (ADR) (OTC: LVMUY) would move to buy the company's 34 percent stake in Moet Hennessy. LVMH, the world's largest luxury good provider, sold a portion of its Moet Hennessy...


