McCormick says it's in talks over a potential Unilever Foods deal

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McCormick (NYSE: MKC) confirmed it is engaged in discussions with Unilever regarding a potential strategic transaction involving Unilever’s Foods business. The company stressed that there is no certainty regarding an agreement, terms, or timing, and it routinely evaluates strategic options to maximize shareholder value. Shares of MKC declined 1.83% following the announcement, mirroring a trend where the stock has often traded lower even after positive or neutral corporate updates.

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