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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (44115)8/27/2011 3:50:57 PM
From: richardred  Read Replies (1) of 78670
 
RE:SEE - I was very disappointed by the Diversey acquisition. IMO-Even though they stated the acquisition will accretive. I believe they way over paid. Buying it at the top from a private equity firm. I see it complimenting their existing business (packaging) poorly. The jury will be out to see if I'll be eating my words. I continue to hold my SEE shares bought pre merger.

RE:OI- Asbestos liability aside. Since OI is in the packaging group. Over the years I've looked at OI many times, but not recently. FWIW I never considered buying because the glass business never appealed to me.
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