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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Poet who wrote (1104)	12/7/1998 11:28:00 AM
From: R Hamilton	Respond to of 56535

rumor from TM thread.....rivl takeover at 16+ Rival Co. hires advisers after unsolicited offer KANSAS CITY, Mo., Nov 27 (Reuters) - Small kitchen appliance maker Rival Co. <RIVL.O> said Friday it hired an investment bank to help it in discussions regarding an unsolicited takeover offer. Rival, whose shares climbed 3-1/2 to 10-14/16 on Wednesday, said it hired NationsBanc Montgomery Securities to help it evaluate the unsolicited offer. Rival declined to name the source of the offer. In a statement, Rival said it does not expect to provide any further information unless and until it reaches a definitive agreement. 09:15 11-27-98 .