UPDATE 1-Harley-Davidson shares pare gains after comment on buyout speculation

(Adds spokesperson comment, update share price)

Sept 21 (Reuters) - Harley-Davidson Inc. shares jumped nearly 7 percent early on Wednesday as speculation resurfaced the company was a buyout target of equity firm Kohlberg Kravis and Roberts.

Shares then pared gains after a company spokesperson said the company was not "aware of" anything specific that boosted the shares about 6.8 percent. At midday Harley shares were up about 3 percent.

"We don't comment on rumors," Maripat Blankenheim, Harley-Davidson spokesperson said. "Those kinds of rumors happen every now and again."

Earlier this year Harley shares surged 17 percent on takeover speculation. (Reporting By Meredith Davis in Chicago; Editing by Andrew Hay)

09/21/2016 13:42

News, Photo and Web Search