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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.460+1.7%12:29 PM EST

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To: richardred who started this subject10/6/2003 1:01:34 PM
From: richardred  Read Replies (1) of 7262
 
Some more action in airlines:
Atlantic Coast Airlines (ACAI: news, chart, profile) jumped 22 percent to $11 after the airline said it would be bought by Mesa Air (MESA: news, chart, profile) at a 25 percent premium to its closing price on Friday. Mesa stock fell 6.8 percent to $11.70. The offer was extended to Atlantic Coast's board, Mesa said in a statement released just after the open of trading
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