TAKEOVER TONIC

Takeover speculation stimulated stock activity during the first half of 1998, enabling food stocks as a group to outperform the general market, and that trend shows no signs of abating during the second half, securities analysts told SN. The SN Composite Index of 44 retail and wholesale food stocks, which includes a handful of mass merchandisers, showed prices up an average of 39.2% for the half,

Takeover speculation stimulated stock activity during the first half of 1998, enabling food stocks as a group to outperform the general market, and that trend shows no signs of abating during the second half, securities analysts told SN. The SN Composite Index of 44 retail and wholesale food stocks, which includes a handful of mass merchandisers, showed prices up an average of 39.2% for the half, compared with increases of 14.4% for the Dow Jones Index and 18.4% for the Standard & Poor's

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