This post was just published on ZYX Buy Change Alert.
EDE is long from $18.70. It is trading at $34.00 as of this writing. The company is in the process of being bought-out for $34. per share.
Missouri Public Service Commission has approved the buyout. This is an important step. EDE is a utility in Missouri and the Public Service Commission is the regulator.
113 of our portfolio stocks have been involved in mergers and acquisitions since 2007. Long-time subscribers to The Arora Report have profited handsomely from our success in spotting buyout candidates.
What To Do Now
Those in the stock may consider continuing to hold and tender their shares.
Those not in the stock may not enter and wait for signals for new opportunities.
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