SOLD ALERE: This trade turns out to be a winner. I was waiting for Alere to release their audited financial statements and as promised, Alere filed its Form 10-K, Reports Fourth Quarter and Full Year 2016 Financial Results and the share price prompted rose 2% to $50. I sold all my holdings generating 137% returns on a […]
Merger Trades Update – Jun 2017
SOLD NXP SEMI, VALSPAR NXP SEMI: One regret that I had was that I didn't manage to accumulate a large position in NXP Semiconductor (NXPI). As readers may recall, NXP Semiconductor is being bought over by Qualcomm for $110 in cash per share. The merger is not anticipated to be completed before Q3 but the […]
Merger Trades Update
SOLD INVENSENSE I bought Invense on 1st May after rumors that the company lost some Apple business to a competitor. The news caused Invensense to drop to a low of $12.70. I didn't manage to buy much before the price started to recover and eventually i sold off all my holdings at $12.96 on 10th May for […]
Added INVN and TRCO
Hi it has been a long time since i last updated the blog. Since then, the ChemChina/Syngenta merger had been progressing smoothly regulatory clearance from EU, FTC, China and Mexico respectively in April 2017. On 26th April, ChemChina declared that all conditions for the merger had been met and will proceed to complete the transaction […]
Time Inc Buyout Imminent With Suitors Submitting Bids Over $20
A new bidder had reportedly been in the bidding process even as another dropped out. New bidder emerges for Time Inc., report says https://t.co/RRSASmjr7e — MergerPie (@mergerpie) March 10, 2017 WSJ: Najafi/P-E group among bidders for Time https://t.co/YDJhabsEJK $TIME — MergerPie (@mergerpie) March 10, 2017 Bronfman-backed group walks away from Time Inc https://t.co/Islqq5byXG via @FT […]
Statement of Approval by CADE for Syngenta/ChemChina Merger
CADE had unconditionally approved the transaction on 24th Feb 2017, about 1 month after the last comments came in on 24 Jan 2017. Below is the translated comments: CONCLUSION AS TO THE OPERATION 10. It is noted that the Applicants are very different profile companies with regard to the market performance of products for crop […]
FTC Requested Additional Info From ChemChina/Syngenta While Canadian Competition Bureau Approved
Some bad news first…Syngenta had revealed that FTC had asked for second request of information which will move back the deadline clock for approval by another 30 days after ChemChina and Syngenta had submitted all the additional information that FTC had requested. This may take 2 months more but if ChemChina/Syngenta quickly submits the necessary […]
List of Bass Pro and Cabela Stores in U.S. For Merger Analysis
FTC had requested a second information request from Bass Pro and Cabela regarding the outdoor equipment vendors' merger. This process will usually delay the merger up to another 3 months. 🇺🇸 FTC seeks new info on Cabela's-Bass Pro deal. https://t.co/P6cNMCrVMh — Neil Saunders (@NeilRetail) January 3, 2017 Why did FTC ask for more information? […]
Walgreens Rite Aid New Merger Terms Worse Off For Investors
Walgreens delays Rite Aid deal again, cuts offer price https://t.co/phhGoWEsL7 via @Reuters — MergerPie (@mergerpie) February 1, 2017 The new deal terms add uncertainty: 1. Buyer does not show enough commitment for the deal to go through. Revising terms of a merger deal is always bad, especially when Rite Aid’s business did not deteriorate materially. […]
Buy NXPI on Qualcomm Weakness For A Short Term Trade
I just bought a little NXPI at $96.77 after Qualcomm recent weakness regarding the FTC and Apple lawsuits. I believe the merger will still go ahead regardless of the lawsuits. I am buying NXPI now as a short term trade to sell around $100 as the price will return to this level once the news […]
