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Strategies & Market Trends : Value Investing

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To: richardred who wrote (62675)11/12/2019 10:22:25 AM
From: richardred1 Recommendation

Recommended By
E_K_S

   of 78666
 
Congrats for those who held KEM.

Kemet Shares Rise After Acquisition Announcement
BY Dow Jones & Company, Inc.
— 10:03 AM ET 11/12/2019
Shares of Kemet Corp. ( KEM) rose more than 12% to $25.80, continuing Monday's rally after the company said it is being acquired.

Taiwan-based electronic-components company Yageo Corp. ( YGEQF) has agreed to buy Kemet ( KEM) for about $1.8 billion including debt, at $27.20 a share in cash.
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