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Precision Castparts: A Top Merger Arbitrage Opportunity

2015-10-27 08:18:09| Industrial Machines - Topix.net

On August 10, 2015, Precision Castparts announced that it had agreed to be acquired by conglomerate Berkshire Hathaway for $235 per share in cash, a 21% premium to the August 7 closing price. As you can see in the chart of PCP's stock price below, PCP's value jumped following the acquisition announcement and has stayed close to the per-share acquisition price since.

Tags: top opportunity precision merger

 

Gala Coral sells 130 Bingo clubs ahead of Ladbrokes merger

2015-10-26 13:56:11| Trucking - Topix.net

Gala said the sale will help pave the way for the proposed A 2.3 billion merger with Ladbrokes, which is still subject to regulatory approval. The offloaded bingo clubs will continue to trade under the Gala brand through a licence agreement entered into by the two parties, it said.

Tags: clubs ahead sells coral

 
 

Winning At A Loser's Game? Control, Synergy And The AB InBev/SABMiller Merger

2015-10-25 22:04:35| Beverages - Topix.net

The first news stories on AB InBev's intent to buy SABMiller came out on September 15, 2015, though there may have been inklings among some who are more connected than I am. To me, SABMiller does not look like it is priced to be a bargain, even at the pre-deal price, and definitely not at the deal price.

Tags: the control game winning

 

The New York Post: Kellogg nears $1 billion merger with snack-maker Diamond Foods

2015-10-23 14:47:41| Food - Topix.net

With sales of breakfast cereal continually soggy, Kellogg Co. is in late-stage talks with snack maker Diamond Foods about acquiring the $1 billion company, The Post has learned.

Tags: post york diamond billion

 

The New York Post: Kellogg nears $1 billion merger with snack-maker Diamond Foods

2015-10-23 14:25:48| Agriculture - Topix.net

With sales of breakfast cereal continually soggy, Kellogg Co. is in late-stage talks with snack maker Diamond Foods about acquiring the $1 billion company, The Post has learned.

Tags: post york diamond billion

 

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