Honda Stock Jumps as Merger With Nissan Reportedly Nears Collapse

KEY TAKEAWAYSHonda Motor's U.S.-listed shares are rising around 6% in premarket trading following reports that the Japanese automaker’s plans to merge with ailing domestic rival Nissan are in jeopardy.According to the Financial Times, which cited people familiar with the matter, Honda unexpectedly came in with a new structure that would have made Nissan a fully owned subsidiary.A deal would have helped cut costs and help the automaker compete globally at a time when Chinese rivals are expanding their market ...