Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

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Dec 31 3:59 PM EST

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To: richardred who wrote (221)	4/1/2005 12:17:07 AM
From: richardred	of 7254

In the SITT Portfolio: Party City (PCTY: news, chart, profile) shares leapt more than 10 percent after the company's board formed a committee to explore strategic alternatives. The company is also hiring a financial advisor after receiving inquiries about a possible merger. The Rockway, N.J.-based company also announced that Nancy Perdot, its chief executive officer, has stepped down and that members of an executive committee will assume her responsibilities.

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