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Barchart
Ebube Jones

Should You Buy This High-Yield Dividend Stock Amid Major Takeover Rumors?

British Petroleum Oil

BP (BP), a global energy company, is now in the middle of takeover talks. Shell (SHEL), Chevron (CVX), and Exxon Mobil (XOM) are all considering possibly buying the British oil giant. Interest has picked up because BP’s stock price is at its lowest in years, making it a tempting buy for bigger companies wanting a good deal. 

On May 9, BP’s shares went up by 4% after news broke that several competitors were considering possible buyout. 

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