McCormick Shares Fall Again — Monday Seen as Key for Unilever Deal Impact
McCormick closed Friday at $46.35, down 0.34%, after touching a week low of $44.82 amid investor focus on its planned merger with Unilever Foods. The deal, using a Reverse Morris Trust, would give Unilever 65% of the combined company and $15.7 billion in cash. The NYSE is closed for the weekend, with trading set to resume Monday. The S&P 500 fell 1.2% Friday as oil prices rose.