November 06, 2009 –
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RELATED TICKERS: RX
IMS Health agreed to a buyout valued at about $22 a share, expected to close in Q1 2010. It was a good firm and I think the buyout undervalued the company slightly. However, the offer was at a significant premium to the market price. [more]
November 03, 2009 –
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RELATED TICKERS: BNI
In a move that has sent all railroad stocks up, Berkshire Hathaway bought Burlington Northern - the whole company, not just more stock. This is unprecedented for Buffett, since he only gone after private companies when he's done buyouts - there's less competition. [more]
October 29, 2009 –
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RELATED TICKERS: APOL
Apollo (APOL) revealed yesterday that the SEC has started an informal probe into its revenue recognition practices. The company didn't reveal specifics. The company stock is down to under $60. [more]
October 20, 2009 –
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RELATED TICKERS: RX
IMS Health (RX) is in sale talks with several private equity firms, as reported by the Wall Street Journal. The offer price seems to be in the $17 range. That's considerably below where I recommended the stock (around $23, where I thought it was a good deal) but considerably above where I actually bought it ($12 and change - thought it was a great deal). [more]
October 03, 2009 –
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RELATED TICKERS: O
, HCN
An article on Marketwatch suggests that REITs may not be able to come up much higher. [more]