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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime
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To: kingfisher who wrote (3806)2/11/1999 3:06:00 PM
From: Serge Collins  Read Replies (1) of 62347
 
R. Barbe: I don't think Federated will buy Eaton's. Federated just announced they are acquiring Fingerhut for $1.7 billion. I doubt they would make two acquisitions in such a short period of time. Besides, analysts have been quick to downgrade FD after the news.

Analysts had it all wrong when they said there were few growth opportunities in the U.S. for Federated, so expanding to Canada was a logical move. They forgot about growth by acquisitions in the U.S.
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