SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Speculating in Takeover Targets
CTG 10.470.0%Dec 5 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: richardred who wrote (3168)1/28/2014 10:00:22 AM
From: richardred  Read Replies (1) of 6850
 
A case where two heads are better than one. A nice projected boost to earnings. However less speculative appeal, but the synergies should outweigh that in a long term stock appreciation. RE:PPG/Georgia Gulf now Axiall

Kraton Announces Definitive Agreement to Combine with the Styrenic Block Copolymer Business of LCY Chemical Corp. to Create a Worldwide Leading Manufacturer and Innovator in the Styrenic Block Copolymer Industry - Creates a $2+ billion pro forma revenue industry leader, with significant scale, an improved manufacturing cost position and a diversified product portfolio offering that will benefit customers' growth and innovation requirements across all regions of the world
- Enables expected annual cost synergies of $65 million on a run-rate basis, which are expected to be fully realized by 2017
- Expected to be accretive to operating earnings by $0.75 - $0.80 per share in the first full year of combined operations
- Establishes a strong pro forma capital structure and cash flow profile that will support continued investment in R&D and commercialization of innovation platforms, as well as other growth initiatives.

finance.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext