The logo of Harley Davidson company is pictured on a motorcycle in Paris, France, May 8, 2016. REUTERS/Jacky Naegelen

The logo of Harley Davidson company is pictured on a motorcycle in Paris, France, May 8, 2016. REUTERS/Jacky Naegelen (Copyright Reuters 2016)

Harley-Davidson shares up after buyout speculation

Markets Reuters

Harley-Davidson Inc. said it was not aware of anything specific that boosted shares sharply higher on Wednesday after speculation surfaced the company was a buyout target.

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"There isn't anything going on on this end that we're aware of to specifically drive that," a company spokesperson said after shares of the motorcycle manufacturer rose 6.8 percent.

At 11:50 a.m. CST Harley-Davidson shares were up 2.8 percent at $51.89.

(Reporting By Meredith Davis in Chicago)