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Strategies & Market Trends : Speculating in Takeover Targets

ULBI 6.110

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3:59 PM EST

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From: Paul Senior	8/29/2008 1:09:44 AM
	of 7255

Holding on to my losing position in Allen-Vanguard. This Canadian company provides "solutions for sustainable capability against the rapidly evolving threat of hazardous devices, including improvised explosive devices (IEDs), radio-controlled IEDs (RCIEDs), and chemical, biological, radiological and nuclear (CBRN) hazards." Stock looks to be at an all-time low in its four years as a public company: finance.yahoo.com That said, somebody apparently still believes in the company: From the August 14 quarterly report: "Unsolicited expressions of interest in strategic investment- Allen Vanguard announced that it has received several unsolicited expressions of interest in strategic investment by outside investors. "These investors understand our industry and have the potential to bring strategic weight to advance our growth plans, and they have expressed interest in significant participation," said Mr. Luxton. "Our advisors, RBC Capital Markets, are assisting with an evaluation of proposals and we expect to conclude on and announce a preferred strategy in the very near future.""

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