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   Strategies & Market TrendsSpeculating in Takeover Targets


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From: richardred12/7/2017 11:08:09 AM
   of 6147
 
Re-entered CENTERRA GOLD-CAGDF today.

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To: richardred who wrote (4665)12/11/2017 12:57:23 PM
From: robert b furman
   of 6147
 
Hi Rick.

I live about 20 miles from the Manitowoc compound in Manitowoc - as it transforms into an empty excess facility loaction.

They have announced several years ago the shuttering of the home facility - moving to a south east non union location.

Towering over the facility is now only one super huge crane - over 100 million in cost.

These cranes were designed to be able to support the entire weight of a nuclear plant cooling tower.

Sadly an innovation that was being built just before the Fukushimo nuclear accident in Japan.

Now Manitowoc is a big company, but a couple of hundred million of your working capital being frozen for years is a hurdle I'm sure.

A very good friend of mine was an apprentice for welding at Manitowoc. He learned heavy welding at LTC a trade school that Manitowoc sponsored.

His skill is in high demand and he left even before the announcement of moving came.

I check to see if those cranes tower over the skyline every time I drive by.

Just a note of how huge these cranes are - they are assembled on a pad of concrete 12 feet thick!!

Bob

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To: richardred who wrote (4659)12/11/2017 12:58:21 PM
From: richardred
   of 6147
 
RE-BMS made a very small bet today on some leap calls.

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To: robert b furman who wrote (4667)12/11/2017 1:17:22 PM
From: richardred
   of 6147
 
Good story Bob. MNTX was part of that company a long time ago. I believe it was Carl Icahn that came in to separate the company to get value out. RE- the ice machine business. If I remember right, many of the cranes that company builds are for oil platforms, or maybe that might have been American Hoist? Still infrastructure building should help both companies. I just happen to think mobile cranes is where it's at for a small pure play like MNTX. A restatement of earnings hasn't been released yet, and weighs on the stock.

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From: Paul Senior12/11/2017 3:21:25 PM
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NXPI. I'll speculate that the takeover of NXPI will get completed and at somewhere between $116 and $135. I up my position a little now.

finance.yahoo.com

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From: richardred12/14/2017 10:43:22 PM
   of 6147
 
Merry Christmas to all who look in. I'll be heading to South Carolina for the holidays. I'll be back after Christmas.

PS. I was there in 1965

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To: richardred who wrote (4671)12/15/2017 8:50:13 AM
From: robert b furman
   of 6147
 
Merry Christmas Rick.

Bob

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To: robert b furman who wrote (4672)12/15/2017 10:27:32 AM
From: richardred
1 Recommendation   of 6147
 
The same to you Bob. I couldn't help myself , but post today. Ironically only fitting my SI post from near Christmas before. My long time favorite LNCE looks to be in Play.

:+ )

I'll be back on this thread after Christmas. Meanwhile a seasoned greeting from this threads tracking SITT idea. Thoughts of Lance Sugarplums dancing in my head. Yeah, I bought a bag also. Rick


P.S. Allan is only a snack. They could be given a hypothetical full belly by LNCE

Some Hunters

Hershey-HSY- Buys Allan Candy, Strengthens Position in Canada.
finance.yahoo.com

Coke-KO- Message 29767744

CPB-

Kellogg-K- Message 27962604
Also lost out on bid for United Biscuit.
reuters.com

General Mills- Message 29705709

Conagra-CAG-See CPB

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To: richardred who wrote (4673)12/15/2017 10:39:36 AM
From: robert b furman
3 Recommendations   of 6147
 
YUMMY

Chocolate and salty on a health food pretzel.

Hershey's on a pretzel - that sounds like it is illegal.

Merry Christmas

I know this Christmas there will be one less at the table for us both - say a prayer at the family dinner table and be thankful of all the wonderful memories we have to cherish and feel love about.

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To: richardred who wrote (4605)12/18/2017 1:09:47 PM
From: The Ox
   of 6147
 
reuters.com

Campbell Soup to buy snacks maker Snyder's-Lance for $4.87 billion
(Reuters) - Campbell Soup Co ( CPB.N) will buy Pretzels and Cape Cod chips maker Snyder‘s-Lance Inc ( LNCE.O) for $4.87 billion as it looks to expand its snack business amid sagging soup sales.

Campbell said on Monday it would pay Snyder’s shareholders $50 per share in cash.

The offer represents a 27 percent premium to Snyder’s close on Wednesday, a day before CNBC first reported it had hired an investment bank to weigh a potential sale following an approach from Campbell.

The equity value of the deal is based on 97.46 million outstanding Snyder shares, according to Thomson Reuters data. Including debt the deal is valued at about $6 billion.

Campbell said it plans to finance the acquisition through a combination of long- and short-term debt of $6.2 billion.

Credit Suisse acted as lead financial adviser to Campbell in this transaction. Weil, Gotshal & Manges LLP acted as Campbell’s legal counsel.

Goldman Sachs & Co LLC acted as lead financial adviser to Snyder‘s-Lance and Jenner & Block LLP acted as its legal counsel.

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