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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (45589)1/19/2013 2:58:45 PM
From: E_K_S  Read Replies (2) of 78481
 
SeaCube Container Leasing Ltd. (BOX) - Buy Out offer @ $23.00/share

Ontario Teachers' to buy SeaCube Container Leasing for $467 million

Ontario Teachers' Pension Plan, one of Canada's largest pension funds, said on Friday it will buy SeaCube Container Leasing Ltd ( BOX.N) for about $467 million.
Under the terms of the agreement, SeaCube shareholders will receive $23 for each share, a 13 percent premium to the company's Friday closing on the New York Stock Exchange.

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Apparently the Ontario Teacher's found SeaCube (BOX) to be undervalued. It's been awhile since I had one of these. A nice way to start out the New Year.

EKS
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