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Strategies & Market Trends : Takeover Arbitrage
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To: MarcG who wrote (2)7/10/1997 9:08:00 PM
From: MarcG   of 24
 
No deal yet, and we're almost at $20/share,
a consecutive new 52 week high. Volume was
very sustainable and strong. Another player here
could be Warner Lambert, WLA, which today had rumors swirling all over it, up $10 today.
WLA stock at 140 is pure currency and may fit well with CAR. Is $30/share to take CAR out too rich?

MG
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