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Schweitzer-Mauduit: Oversold After Acquisition And Q3 Results But Still A Buy
2014-04-19 04:16:38| Paper - Topix.net
After its Q3 2013 earnings were not well received, on November 18, 2013, Schweitzer-Mauduit International Inc. announced an acquisition of DelStar, Inc. SWM's management believes DelStar has attractive growth prospects; the market evidently believes this acquisition is value destructive.
Tags: results
buy
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Category:Materials
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