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   Strategies & Market TrendsSpeculating in Takeover Targets


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To: richardred who wrote (2645)11/27/2017 1:33:09 PM
From: richardred
   of 6104
 
A very small ill-liquid buy today and in a sector I usually shy away from . Regional Banks

New buy- MBKL 5% dividend yield to go along. Goes along with my other ill-liquid regional bank buy LYBC from about 7 years ago. They just raised the dividend. 10 year chart.

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From: richardred12/3/2017 7:01:04 PM
   of 6104
 
Mega Merger Monday!

CVS to Buy Aetna for $67.5 Billion, Remaking Health Care Sector By
Zachary Tracer
and
Robert Langreth

December 3, 2017, 1:46 PM EST Updated on December 3, 2017, 6:04 PM EST



Drugstore chain will pay $207 a share, $145 a share in cash

Companies bet on bringing health care closer to consumers
CVS Health Corp. will buy Aetna Inc. for about $67.5 billion, creating a health-care giant that will have a hand in everything from insurance to the corner drugstore.

CVS will pay $207 a share for Aetna, with $145 a share in cash and the rest in stock, the companies said in a statement Sunday. That’s a 29 percent premium to Aetna’s share price on Oct. 25, the day before the companies were reported to be in talks.

bloomberg.com

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To: richardred who wrote (2726)12/5/2017 9:12:43 AM
From: richardred
   of 6104
 
Packaging Giant Bemis Hires Goldman Sachs to Explore Sale

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To: richardred who wrote (4655)12/5/2017 1:25:22 PM
From: Robert O
   of 6104
 
Richard yeah this beamis story was out there from a couple months ago but price went down as a rumor mill suggested no offer coming. Now it seems it is getting 'hot again' as company turnaround story not materializing. Post story threw out 60 /share. I'm considering buying then sitting on this one to see if something materializes [even though if one assumes leakage-and you ought to - this one has ben melting up for a bit already prior to this story- sigh always last to know].

nypost.com

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To: Robert O who wrote (4656)12/5/2017 1:59:36 PM
From: richardred
   of 6104
 
Yes, I am looking at it. Bob your right about BMS news being put up for sale before. Packaging is my bead & butter, knowledge wise. I'm off to work now. , but I'll be doing a little D&D on it and post my findings later.

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To: richardred who wrote (4657)12/5/2017 10:48:26 PM
From: robert b furman
   of 6104
 
Bemis is a big employer in my home town of Sheboygan Wisconsin.

Bob

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To: richardred who wrote (4657)12/6/2017 12:33:09 AM
From: richardred
   of 6104
 
RE-BMS Looked it over and it's a pass for me for now. I'll look to see if it settles down. Christmas is coming up. So a hypothetical deal might not be till next year IMO. If I owned it pre-anouncement I'd hold it through.

A few thoughts
The restructuring plan is still on going. Things don't look so bright in Brazil where it has a big operations. I saw an estimate from a firm estimating a takeout price of around 65 dollars. That sounds about right, maybe lower because their still a lot of work to be done getting this company back on track. I generally don't like to step in after a SA announcement is in the works. Things did work out well with SHLM twice. This was before both SA announcements and an opportunity buy on bad earnings twice. SHLM announced SA twice. I sold out the common & calls both times on a good run up. I've seen no news that the company abandon SA. The company is still up for sale for the right price. Good luck Robert if you decide to accept the BMS challenge. The one thing that bothers me about BMS. Why didn't some Multinational go after it a long time ago. It also might be the reason why SHLM hasn't sold twice. I guess I'll have to see what premium out of the money leap calls are going for. 55 & 60 strike at the right price might get interesting.

Message 24364591
Message 26691159
siliconinvestor.com

P.S. An interesting thought. A Chinese company might be interested here. Food safety

>Lian added that a few other sectors will also receive government support, even if they were not mentioned in the August guidelines. Those sectors include food safety, health care and investments that can create more employment in China. "These, although they were not specifically listed in the encouraged list, we believe also will bring benefits to China's economy and should receive support," she said.

Message 31365652

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To: robert b furman who wrote (4658)12/6/2017 12:36:06 AM
From: richardred
   of 6104
 
I've owned it 3 times in the past before.

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To: richardred who wrote (4614)12/6/2017 8:58:32 PM
From: Glenn Petersen
   of 6104
 
The acquisition of Aetna by CVS may accelerate Amazon's entry into the prescription drug business. They could easily buy Walgreens, which has a market cap of approximately $70 billion, although that would probably draw antitrust scrutiny from an already nervous Washington D.C.

As for the m drug distributors listed in that article I posted, you could probably get better results throwing a dart than trying to predict what Amazon will or will not do.

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To: richardred who wrote (4555)12/6/2017 9:46:05 PM
From: Glenn Petersen
1 Recommendation   of 6104
 
According to their website, Walter Payton Power Equipment was founded by Sweetness. I suspect that he did not ,run the company on a day-to-day basis.

A bit OT, but I have a friend who at one time was the Chief Financial Officer for Sayers Computer, which was founded by Gale Sayers. Gale actually ran the company day-to-day until he took in a partner. My friend was dating the Warehouse Manager. Dating fellow employees was frowned upon and when the Sayers Computer Christmas party rolled around I was invited as my friend's date (see my book, "My Life as a Beard"). The upshot was that I sat right next to Gale Sayers and spent the better part of an hour an a half talking to him (Football God to mere mortal). A very gracious man. A great guy, an interesting evening. No kiss at the end, unfortunately. My friend's boyfriend was a bit cool the next time I saw him.

I am not familiar with Manitex. I spent some time reviewing their SEC filings. The business is very cyclical. Boom or bust. They took a bit of a hit with their accounting "problem" in early November. It didn't sound too serious.



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