Rinker + Lafarge = BIG

Here's an interesting tidbit from an Australian newspaper: Building supplier Rinker also jumped because of speculation about a potential takeover by French construction company Lafarge. Rinker, which had slumped from a 12-month high of $21.44 in April on worries about the strength of the U.S. housing market, put on 34¢ yesterday to $12.92. "Rinker has in the past been an acquirer, but at these levels Lafarge may be a likely bidder for Rinker," Mr Conlan said. "The Rinker share price has been sold off over 30 per cent in the last few weeks, but it has been way overdone and bargain hunters are coming into the market in anticipation of a possible takeover." Hmmmm, how's that for something from the rumor mill? Your comment?