Reuters ahead on Protection One buy-out; shares rise

Protection One, an alarm systems maker that put itself up for sale in January, rose 4 pct on April 20 after Reuters reported bidders were expected to submit offers. Shares were at $12.70 just before the headlines, rose 1.6 pct then and closed the following day at $13.20, or 4 pct higher. The company announced a deal on April 26, pushing up shares to $15.41.