New Holland and the Ag Equipment Group Message Board

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Non-Tech : New Holland and the Ag Equipment Group

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To: Michael Burry who wrote ()	5/21/1999 3:02:00 PM
From: Bob Rudd	Read Replies (2) of 113

AGCO Bus. Week Inside Wall Street column quote: << One New York investment banker says that AGCO has become an attractive target, with its price trading well below book value of $18 a share. This pro says that in view of the hefty price that New Holland is paying for Case, AGCO is a bargain: ''A foreign conglomerate is seriously considering making an offer of 24 a share,'' he says. The suitor is a well-known company in Europe engaged in the automotive, transportation, agriculture, and construction businesses. AGCO's products, distributed in the U.S., Europe, South America, and the Far East, include tractors and combines sold under the names Massey Ferguson and Hesston.>> Foreign conglomerate...Renault perhaps?

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