127TH BUYOUT OF AN ARORA REPORT PORTFOLIO STOCK, ROCKWELL COLLINS GETS $140 BUYOUT OFFER, WHAT TO DO NOW $COL $UTX
This post was just published on ZYX Buy Change Alert.
COL has received $140 buyout offer from UTX. $93.33 will be paid in cash and $46.67 will be in shares of UTX based on closing UTX share price of $115.69.
The stock is not trading at $140 because there is concern about approval of various governments. The conference call from UTX is not as positive as it could have been. This is causing UTX stock to fall.
Please note that there is 7.5% collar on the stock portion of the buyout offer. In plain English this means that even if UTX stock continues to fall, there is a 7.5% floor under the $46.67 amount that is being paid in stock.… Please click here or the title below to read more.
September 5, 2017