(Bloomberg) -- U.S. stocks rose for a fifth day, led by Alcoa Inc. after the world's largest aluminum company offered to buy Canadian rival Alcan Inc. for $33 billion.
Alcoa shares climbed to a three-year high and gained the most in the Dow Jones Industrial Average and Standard & Poor's 500 Index after making an unsolicited offer for Alcan. Armor Holdings Inc. rallied after BAE Systems Plc agreed to buy the biggest maker of armor for the U.S. military's Humvee vehicles for $4.1 billion.
Read more at Bloomberg Stocks News
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