TreeHouse Foods surged 14% on buyout buzz as Investindustrial eyes a ~$3B take-private. The small-cap food processor, focused on margins and core categories, draws strong investor interest in staples.

U.S. stocks rose on Friday, with the Dow Jones Industrial Average hitting 47,000 for the first time, as investors shrugged off a government shutdown and the delay of the September jobs report.

Zevra Therapeutics jumped on renewed takeover chatter after a Betaville alert linked Collegium to a stalled bid. Strong MIPLYFFA growth, cash from voucher sale, & rare-disease pipeline fuel the buzz.