CONGRATULATIONS TO THOSE HOLDING TECO ENERGY, BUYOUT OFFER AT ABOUT 40% GAIN $TE $EMR.TO
This post was just published on ZYX Buy Change Alert. TE was bought less than three months ago at $19.67. 50% of the full core position size is being held. The company has received a cash buyout offer at $27.55 from Canadian energy company EMR. TE is an electric utility. Electric utility buyouts take a long time to close, sometimes longer than one year. For this reason, the stock is likely to trade in the range of $25.50 to $26.75 for a while. Please also note that there is a risk that the transaction may not close, however such risk in