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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 still acquisition

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