Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (859)	11/14/2005 10:56:15 AM
From: richardred	Respond to of 7265

> The question is, to whom? In light of today's GP acquisition news. I guess I'd have to say privately held companies. Stocks rise after merger, earnings news Monday November 14, 10:38 am ET By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks rose on Monday, as merger news, including this weekend's sale of Georgia-Pacific Corp. (NYSE:GP - News), lifted sentiment on hopes of possible future acquisitions while higher crude oil prices limited gains. Investors appeared to be pausing after recent sharp gains and before inflation data this week. No major economic indicators were on the schedule for Monday. Shares of paper producer Georgia-Pacific rose 37 percent to $47.30 on the New York Stock Exchange after the paper producer agreed to be bought by conglomerate Koch Industries, Inc. The $13.2 billion deal will make Georgia-Pacific a privately held Koch subsidiary. (ID:nN13611733) Shares of Wal-Mart Stores Inc. (NYSE:WMT - News) gained slightly after the world's biggest retailer posted higher quarterly profit. (ID:nN14693024) Wal-Mart shares were up 1 percent at $49.42 on the NYSE. The Dow Jones industrial average (^DJI - News) was down 0.17 points, or 0.00 percent, at 10,685.87. The Standard & Poor's 500 Index (^SPX - News) was up 0.16 points, or 0.01 percent, at 1,234.88. The technology-laced Nasdaq Composite Index (NasdaqSC:^IXIC - News) was up 0.64 points, or 0.03 percent, at 2,203.11. "We've had quite a run over the last three weeks, and I think the equity market is going to have a little bit of profit-taking, especially in light of a no-news day," Jon Brorson, managing director of growth equities at Neuberger Berman, said. Rick Meckler, president of investment firm LibertyView Capital Management, Jersey City, New Jersey, said the Georgia-Pacific deal could signal more acquisitions. Lowe's Cos. (NYSE:LOW - News), the second-largest home improvement retailer behind Home Depot Inc. (NYSE:HD - News), said third-quarter profit rose. (ID:nN11345182) Lowe's shares gained 5.6 percent to $65.42 on the NYSE. Home Depot also rose, gaining 2 percent to $42.75. Oil rebounded after falling to a four-month low last week, as the market focus shifted to winter demand. (ID:nSP183431) U.S. crude oil (CLc1) was up 62 cents at $58.15 a barrel. Investors will be watching this week for any signs of inflation, with the government set to release the U.S. producer price index on Tuesday as well as monthly retail sales. Both reports are for October. The consumer price index for October is due on Wednesday. In other merger news, newspaper publisher Knight Ridder (NYSE:KRI - News) said its board of directors has decided to explore strategic alternatives, including a possible sale of the company. Its shares gained 1.7 percent to $63.59 on the NYSE. Weighing on the market were shares of Tyson Foods Inc. (NYSE:TSN - News), down 8.4 percent at $16.95 on the NYSE. The largest U.S. meat company warned its 2006 profit would fall below analysts' estimates and reported a lower-than-expected fourth-quarter profit. biz.yahoo.com

To: richardred who wrote (859)	11/16/2005 4:08:36 PM
From: Glenn Petersen	Respond to of 7265

I have actually followed the Snapple saga quite closely over the years, partially because Quaker Oats is based in the Chicago area. Howard Stern was first syndicated in the Chicago market in the early 90's. I remember how aggressive he was on behalf of Snapple. When Quaker purchased Snapple, they fired Howard and made the mistake of commenting that they felt he was an inappropriate spokesperson for the brand. Howard responded with an aggressive anti-Quaker/Snapple rant that lasted for years. A very foolish move on the part of Quaker.

To: richardred who wrote (859)	1/23/2006 11:34:55 AM
From: richardred	Respond to of 7265

Leonard Green buying Sports Authority for $1.3B Monday January 23, 11:05 am ET Leonard Green & Partners LP is taking sporting-goods retailer Sports Authority Inc. private in a $1.3 billion cash-and-debt deal. The Los Angeles private-equity firm will pay $37.25 cash for each share of Sports Authority stock (NYSE: TSA - News). The price is a 20 percent premium on its Friday closing price. The buyout group includes members of Sports Authority's senior management team. Shares would be acquired for $37.25 each in cash, representing a 20 percent premium on its closing price Friday of $31.05. The deal is expected to close in the second quarter, after shareholder approval and other closing conditions. The Sports Authority board of directors has unanimously approved the deal. Doug Morton, Sports Authority chairman and CEO, said in a statement that the deal will give the company "greater flexibility to accomplish its long-term goals." Leonard Green & Partners is the largest private-equity firm in Southern California and manages about $3.7 billion in private-equity capital. The Sports Authority is based in Englewood, Colo., and operates 398 stores in 45 states under the Sports Authority, Gart Sports and Sportmart names. Published January 23, 2006 by Los Angeles Business from bizjournals biz.yahoo.com