A large number of subscribers are holding General Cable (BGC) stock from $10. Newer subscribers are holding BGC from as high as $21. BGC has received a $30 cash buyout offer from Prysmian Group. The Arora Report had previously identified BGC as a takeover target.
A large number of subscribers have almost tripled their money.
The Arora Report subscribers have benefited tremendously from our propensity to find buyout targets in advance. This is the 131st buyout of an Arora Report portfolio company. The 130th buyout was of Advanced Accelerator Applications (AAAP) which has been bought out by Novartis (NVS).