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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (59765)9/15/1999 9:20:00 AM
From: kathyh  Read Replies (1) | Respond to of 90042
 
acam... last trade 15... avg vol 5k... float 1.9 million... this could be interesting today....


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ACAM
15
+0

delayed 20 mins - disclaimer


Wednesday September 15, 9:02 am Eastern Time
(Note: this article is ''in progress''; there will likely be an update soon.)

Autocam in talks for $21 a share buyout
KENTWOOD, Mich., Sept 15 (Reuters) - Auto parts maker Autocam Corp. said Wednesday it is currently in talks about a possible $21 a share buyout of the company.

''There is currently under discussion a potential transaction that would involve the purchase of all of the stock of the company, except for an undetermined number of shares held by management, primarily the company's president, John Kennedy,'' said Mark Scott, Autocam director of investor relations.

''The transaction being discussed, if consummated, would be at $21 per share,'' Scott said in a statement, cautioning that the transaction is not certain to occur.

Shares of Autocam closed at $15 on Tuesday.

(Note: this article is ''in progress''; there will likely be an update soon.)

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More Quotes and News: Autocam Corp (Nasdaq:ACAM - news)
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