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

To: richardred who wrote (4060)	2/2/2016 10:01:07 AM
From: richardred	Read Replies (1) \| Respond to of 7254

RE: LOJN Looks to be a done deal this time at a better price. Still holding my shares. LoJack shares jump after buyout offer from CalAmp. LoJack Corp. LOJN, +19.41% shares jumped in the extended session Monday after CalAmp Corp. CAMP, +3.73% offered to buy the vehicle theft-prevention device company for $134 million. LoJack shares surged 18% to $6.34 after hours. CalAmp said it offered $6.45 a share cash for LoJack, and that both company boards had approved the deal. CalAmp expects the acquisition to add 15 cents to 25 cents a share to its fiscal 2017 earnings. marketwatch.com