Kellogg (K) Down Amid Coke Takeover Talk

Kellogg Company (NYSE: K) shares fell 0.4% to $85.64. The company is rumoured to be in takeover talks with Coca-Cola. An offer of $98.00 per share is being mentioned for the Battle Creek, Michigan cereal maker. Share volume was 1.2 million, compared to an all-day average of 2.3 million