Why Zim Integrated Shipping Services Stock Zoomed Nearly 14% Higher Today

Takeover speculation is again swirling around the company.Takeover talk has revived with Zim Integrated Shipping Services (ZIM +13.63%), and investors piled into the stock in fresh anticipation of a sale. On Tuesday, the possibility sent the marine logistics specialist's equity to a price gain of almost 14%. Strategic alternatives consideredWell before market open that day, Zim revealed that its board of directors had received numerous "indications of interest" about the company, following a strategic revie ...