Several months ago when LDK was trading about 200% higher from current levels, the rumors began to swirl that Siemens would make a buyout bid of LDK Solar at around $55/share. Well, it appears the rumors are making the rounds again that LDK Solar will be taken out. StreetInsider.com is out with the following note:
“Shares of LDK are moving higher today on unconfirmed rumors the company could be the target of a takeover bid. … Read the rest