Bloomberg Businessweek

Bloomberg Markets: Dave Wilson's Stock of the Day for Aug. 22

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Sinopsis

Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Farmer Brothers (FARM). Farmer Brothers Co.'s shares are headed for their biggest gain in about two years after a proposed takeover was well received. The coffee supplier agreed to buy Boyd Coffee Co. for cash and preferred shares valued at $59 million. The deal is Farmer's biggest in more than a decade, according to data compiled by Bloomberg.