(Bloomberg) -- Trading in options to buy shares of Acxiom Corp. rose 10-fold in the week before yesterday's announcement that two buyout firms will acquire the provider of computer and database services for $2.24 billion.
The number of call options traded in Acxiom jumped to 1,400 on May 10, the most in any day since October and more than 10 times the average of 135 in the preceding 20 days. More than 1,300 contracts traded on May 14 and each of the next two days.
Read more at Bloomberg Exclusive News
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