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Strategies & Market Trends : Value Investing

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From: E_K_S12/11/2010 10:56:25 PM
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Re: EXCO Resources Inc. (XCO)

Value Investor Wilbur Ross Takes 7.5% Stake in Exco. Will He Try to Bust Up the Takeover?
blogs.wsj.com

From the article:"...Turnaround artist Wilbur Ross disclosed today a 7.5% stake in natural-gas company Exco Resources, which is weighing a $4.4 billion deal to go private...."

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Some value investors see the company worth $29.00/share. I think the private buy out offer was at $20.50/share. I wonder if Ross is going to make a play for the company or at least try to sell his stake at a premium to the buy out offer.

EKS
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