Pepsi Bottling Group (NYSE: PBG) is getting momentous pre-market intensity on reports that Pepsico (NYSE: PEP) has agreed to pay $36.50 per share in a higher bidding price to secure the buyout it has pursued. At 8:26 AM EST we hit seen whatever 340,000 shares trade hands compared to an average intensity of about 2 meg shares. We’d expect this to be at 2 meg or more by 9:00 AM EST if this intensity state holds up. We are awaiting confirmation on every the terms of the deal before saying anything is formal or final here. -JON OGG
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