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   Strategies & Market TrendsSpeculating in Takeover Targets


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To: richardred who wrote (4222)11/14/2016 8:12:18 AM
From: richardred
   of 7056
 
A Bullseye Today in HAR. My Leap options are all in the money today! :+ )

Samsung is buying Harman in an $8 billion bet on connected cars





The Korean company’s biggest ever acquisition places it at the heart of the car-tech markethttp://www.theverge.com/2016/11/14/13620812/samsung-cars-harman-acquisition-8-billion

P.S. Thanks Jake Straw for the idea

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From: richardred11/14/2016 8:22:38 AM
   of 7056
 
Multi Billion dollar Merger Monday. Mentor Graphics & Harman

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To: richardred who wrote (4298)11/14/2016 10:50:08 AM
From: richardred
   of 7056
 
IMO- Harmon Takeout- This ups the speculative of MEI -METHODE ELECTRONICS on my top Ten list.

Key word- Biometrics It's what first impressed me about this stock.

methode.com

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To: richardred who wrote (4225)11/14/2016 12:48:28 PM
From: richardred
   of 7056
 
Sold FLO today & 1/2 of SENEA

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To: richardred who wrote (4297)11/17/2016 9:35:20 AM
From: richardred
   of 7056
 
RE CTG dividend suspended. No surprises there. However stock buyback to take advantage of low stock price.

CTG Announces $10 Million Share Repurchase Authorization BUFFALO, N.Y., November 17, 2016 – CTG (NASDAQ: CTG), an information technology (IT) services and solutions company, today announced that its Board of Directors has authorized the Company to repurchase up to $10 million of its outstanding shares over the next two years. The authorization replaces and expands the Company’s capacity to repurchase shares under its preexisting buyback program. Concurrent with the authorization of the share repurchase program, CTG’s Board of Directors also approved a suspension of the Company’s cash dividend.

Chairman of CTG’s Board of Directors, Daniel J. Sullivan, commented, “The Board and executive management recently conducted a comprehensive review of the Company’s capital allocation priorities, and subsequently elected to authorize a share repurchase program to take advantage of current market conditions. More specifically, we believe the opportunistic repurchase of CTG shares at the current valuation is a very effective use of the Company’s capital resources. Today’s announcement demonstrates both the Board’s and management’s commitment to maximizing shareholder value, while simultaneously focusing on the execution of our strategic business plans to drive future growth.”

CTG’s share repurchase program authorizes the Company to repurchase its common stock from time to time in compliance with applicable securities laws. Neither the program nor the authorization requires the Company to repurchase any shares, and the timing of any such transactions as well as the number of shares will be decided at management’s discretion based on market conditions and other factors. The Company’s share repurchase program does not have an expiration date, and it will remain in place until terminated by CTG’s Board of Directors.

About CTG

CTG provides industry-specific IT services and solutions that address the business needs and challenges of clients in high-growth industries in North America and Western Europe. CTG also provides strategic staffing services for major technology companies and large corporations. Backed by 50 years of experience and proprietary methodologies, CTG has a proven track record of reliably delivering high-value, industry-specific staffing services and solutions to its clients. CTG has operations in North America, Western Europe, and India. The Company regularly posts news and other important information online at www.ctg.com.

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To: richardred who wrote (4292)11/18/2016 10:49:03 AM
From: richardred
   of 7056
 
Sold some MLR stake today and replaced proceeds with TDC on today's weakness.

P.S. IMO CRM had good earnings news today. Future TDC interest?

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To: richardred who wrote (4286)11/19/2016 6:51:53 PM
From: richardred
   of 7056
 
Germany's Mutares bids for Plastic Omnium's truck supply business.

German investment firm Mutares AG has made a binding offer to buy Cie. Plastic Omnium SA’s truck supplier business.

The business makes thermoplastic and thermoset body panels and structural parts, including Class A painted panels, in Europe, China and Mexico.

Terms of the deal were not disclosed. The deal is subject to regulatory approval and, in accordance with French law, the offer must be submitted to the works council for their position. Plastic Omnium said in a release that it expects the deal to be finalized in 2017.

The business consists of five plants in France, two in China and one each in Germany and Mexico. The plants employ more than 1,500, and generated 190 million euros in sales in 2015, according to the companies.

Products include exterior components and modules for truck cabins, and customers include major European truck manufacturers, according to the companies.

Munich-based Mutares said it will combine the business with its existing truck supplying business, including two plants recently acquired from Mecaplast Group, to create a global business with about 400 million euros in annual sales and 2,700 employees in 15 plants.

Mutares added that it expects “further add-on acquisitions” that will help it take a leading role in consolidating that market.

Plastic Omnium is focusing on body and structural auto components, following its recent acquisition of Faurecia SA’s automotive exteriors business.

plasticsnews.com

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From: richardred11/21/2016 9:08:51 AM
   of 7056
 
The start of a infrastructure acquisition trend ? Exactly why China's Zoomlion wanted TEX.
Still holding MNTX on this thought.

Australia's Boral Picks up U.S. Building Products Supplier Headwaters



Tom Terrarosa

TheStreet.comNovember 21, 2016

Building products provider Headwaters (HW) said Sunday that it has agreed to be acquired by Australian construction materials supplier Boral for $24.25 per share, or $2.6 billion, in cash. Per the terms of the agreement, Headwaters' shareholders will receive $24.25 per share in cash, representing a roughly 21% premium to the target's closing $20.09 per share stock price on Nov. 18, and a 34% premium over its 30-day volume-weighted average closing stock price through Nov. 18. The deal comes after a recent acquisition spree for South Jordan, Utah-based Headwaters, which scooped up Dallas-based vinyl and aluminum windows and patio doors manufacturer Krestmark Industries in August for $240 million.

finance.yahoo.com

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To: richardred who wrote (4264)11/21/2016 9:52:12 AM
From: richardred
   of 7056
 
Bulleye TODAY- AMCC- Applied Micro Circuits- Small premium, but hey, I won't put down a gift horse in the mouth. Qualcom do you have any money left? :+ ) I don't like the 30 mill. termination fee rider on the deal. Unless there's a shop around period.

MACOM Technology Acquires Applied Micro Circuits for $8.36 per Share in $770 Mln Deal; Shares Halted.

Message 30750144
Message 30730638

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From: richardred11/21/2016 10:37:23 AM
   of 7056
 
Thinking frozen foods today. Plowed the driveway with about a foot and a half of snow. Then sold the balance of SENEA position today.

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