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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 5.430-3.0%Dec 8 3:59 PM EST

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To: Jack Hartmann who wrote (577)1/7/2005 11:08:03 AM
From: richardred   of 7253
 
Jack, from memory,it's been awhile that a big name in the sector has received a bid. I haven't looked at the sector for some time. I sold off my Darden stock last year. I bought on a dead cat bounce. By the looks of it now. I missed out on a lot of the upside. YUM brands doesn't have the parent that it once had. Darden has closed some under performers. Mickey D's took a shot at Boston Market in chapter 11 for some real estate. I don't think that worked out to well. Grand Met. sold Burger King to an investor group I think. Burger King has gained some ground since being private. The group might being thinking about taking it public to cash out. There's alway Mr. Buffett who might Take a look if he see's value long term.
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