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General Mills (GIS) volatility into Nestle targeted by Dan Loeb’s Third Point in Activist’s biggest-ever bet

June 26, 2017 7:03 AM EDT

General Mills (NYSE: GIS) 30-day option implied volatility of 22 compares to its 52-week range of 16 to 29 into Third Point confirms $3.5B stake in Nestle, urges change at company.



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Daniel Loeb, Third Point LLC, Options