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Colgate-Palmolive Co. (CL) Is Rising After CEO Suggests He's Open To A Sale

The New York Post reported Wednesday that Ian Cook, the CEO of Colgate-Palmolive Co. (CL), has signaled that he would be open to a sale of the company for $100 a share.

Colgate-Palmolive gapped open sharply higher this morning and is now up 2.07 at $73.65. The stock has jumped to over a 2-week high and has re-crossed its 50-day moving average.

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