Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

ULBI 6.740

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10:38 AM EST

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To: ~digs who wrote (2847)	10/7/2011 10:20:48 AM
From: richardred	Read Replies (1) of 7243

Dave Nice call on SWTX as a SITT pick. That was quick. Almost to quick. I just had it on my watch list. Got any more names :+ ). I'm like an elephant when it come down to SITT names. Like they say, an elephant never forgets. I wish I had bought some 40% + premium. UPDATE 1-Solutia buys Southwall Technologies for $113 mln Fri Oct 7, 2011 9:18am EDT * Deal at a premium of 45 percent * Tender offer to close before Oct. 25 <SPAN class="articleLocation">Oct 7 (Reuters) - Specialty chemicals maker Solutia Inc said it will buy sun-control film maker Southwall Technologies Inc for about $113 million in cash. Solutia will pay $13.60 each Southwall share, at a premium of 45 percent to Southwall's Thursday close. The acquisition will provide Solutia access to Southwall's V-Kool premium window films technology. The deal will be funded by Solutia from existing cash on hand. reuters.com

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