Harley-Davidson shares surge on rumors of takeover by private equity
MILWAUKEE — Shares of Harley-Davidson traded higher at the end of last week on rumors of a possible takeover of the company.
New York-based private equity firm KKR & Company LP is reportedly scoping out the motorcycle manufacturer for a possible takeover that could take the company private.
Harley stocks have been declining in the past year, and the company recently laid off 250 workers.
Right now, Harley officials are declining to comment on the rumors.
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