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Strategies & Market Trends : Speculating in Takeover Targets
CTG 8.195-3.5%12:29 PM EDT

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To: richardred who wrote (5842)12/11/2020 9:34:29 AM
From: richardred   of 6084
 
IMO a very stingy takeout price. It will be interesting to see if there's a shop around clause? IMO Perfect fit for privately held Otter Box.

Zagg Agrees to be Acquired by Evercel-Led Group For Up to $4.45 a Share
BY MT Newswires

— 9:28 AM ET 12/11/2020

P.S.
To: Touching who wrote (56691)1/19/2016 12:18:41 PM
From: richardred of 65671
Thanks for the opinion. I believe Privately held Otter Box is a good gauge as a top competitor. Both this company and Otter Box have grown through acquisitions. I believe the cell phone protective case and glass market will be a good growth market going forward. (New & replacement market)
If the PE remains 11 or below. While margins and cash flow hold, or expand moving forward. IMO it should also increase the M&A speculative appeal of this company.


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