Time Warner shares traded down towards $101 in the last two days as AT&T announced profit warnings for its upcoming quarterly report due to the increased pressure from traditional cable TV cord cutting and loss of subscribers. AT&T's stock was down to near 52 week lows of $35.70. The merger deal between the two […]
Sep 2017 Trade Update
ADDED Brocade, Time Warner, Monsanto: Brocade: My only major holding currently with about 40% allocation (Total long positions + buying power). I'm still adding to my position if the price is favorable. I am highly confident of the completion of the merger by 30th Nov which will net about 4% profits from now. See my previous post […]
Broadcom Brocade Merger Moving Forward
First, the bad news… The Broadcom/Brocade merger deal completion has been delayed again as the investigations at CFIUS did not complete in time. Now lets discuss the positives. The parties had agreed to extend the merger deadline past 1st Nov 2017. They now anticipate the merger to be completed by 30th Nov 2017. Broadcom is […]
Broadcom Brocade merger spread is becoming tasty
The Broadcom Brocade merger spread is currently at 4.2%. If the merger is completed, investors will get $12.75 per share. The current share price as of 15/9 is $12.23. All regulatory approval had been granted except CFIUS. Application to CFIUS had been withdrawn on 17 Jul 2017 and promptly refiled. Assumming the refiling is on […]
Trading Update-Successful Cabela Megatrade
Hi everyone it has been sometime since I updated my trades. Previously, I had reduced my holdings down to two major positions in Cabela's and Monsanto. All trades don't work exactly as we thought and Cabela's being a highly volatile merger play, went into a deep slump in August due to concerns on whether a […]
July 2017 Trade Updates #1
Dramatic changes in my portfolio as I continued to trim non-core positions and add to my core positions. Large concentration risks on two main merger plays now but one of them should be completed within 2 months. SOLD Mobileye, Brocade, Fortress Investments, Moneygram, Brookdale Senior Mobileye: With the annoucement from Israeli Tax Authority and a […]
June 2017 Summary & Trade Updates
This month my mark to market performance is +2.9%, mainly helped by $MON and $MBLY while $PF dragged. SOLD Neustar, Abercrombie & Fitch, CST Brands Neustar: The company received CFIUS approval on 13th Jun and when the price reaches $33.45, just $0.05 short of the merger price, I sold all my holdings rather than wait for the deal to […]
Sold $ALR, $WGL, $FGL. Bought $CST. Added $ANF
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? […]
