BUZZ-Brighthouse Financial soars after report Aquarian discussing $65-$70 per share offer
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Shares of Brighthouse Financial surged by up to 30.8% following reports that Aquarian Holdings is in advanced talks to acquire the company for $65 to $70 per share. The stock was last up 21.6% at $55.01. Brighthouse, which was spun off from MetLife in 2017, has been considering a sale this year. Currently, two brokerages rate the stock as 'buy' or higher, while six rate it 'hold' and two 'sell', with a median price target of $51. Year-to-date, BHF stock is down 5.8%.
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