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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 7.030+2.5%Oct 31 9:30 AM EDT

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To: Robert O who wrote (5281)6/13/2019 11:47:57 AM
From: richardred  Read Replies (1) of 7239
 
Seems like a smaller scale Carl Icahn move. Only Carl thinks bigger these days, and carries through sometimes. The days of Green Mail are gone. However I guess this duress bid is the next best thing for an activist wanting to put a company in play these days.It will be interesting to see what happens. Interestingly I'm watching PLAY-Dave & Busters who also had a big miss and a gap down . This as well as BLMN which I am out at present time.
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