Honda shares surged following the Nissan merger announcement
Honda and Nissan said on Monday that they are starting merger talks.
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- Honda's shares soared by as much as 17% when local markets opened on Tuesday.
- The automaker said on Monday that it was starting merger discussions with struggling rival Nissan.
- Honda also announced a $7 billion stock buyback program.
Honda's shares soared after the company said it was in talks to merge with rival automaker Nissan.
Honda's stock went up...
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