By Nigam Arora Editor’s note: This post was published yesterday in The Arora Report paid feeds as an Afternoon Capsule. To gain an edge, this is what you need to know now. December Not A Done Deal Please click here for a chart of S&P 500 ETF (SPY) which represents the
By Nigam Arora CSX is a railroad. CSX has become a buyout target. There is scarcity value. The two prime buyers are Burlington Northern and Canadian Pacific (CP). You may recall that another railroad KSU was in the Arora Portfolio and was bought out by Canadian Pacific. KSU became the 163rd
By Nigam Arora & Dr. Natasha Arora Congratulations! Kansas City Southern (KSU) buyout is on track. KSU is long from an average of $169.71. The implied value of the buyout is $300. This consists of $90 in cash and 2.884 shares of CP. KSU is trading at $283 as of
A bidding war has erupted for KSU. Previously KSU had received a $275 offer from CP. Now CP’s competitor CNI has jumped in with a $325 bid. At the $325 bid price, the gain on KSU position will be 92.3%. The bid from CNI is $200 in cash and 1.059 shares of CNI stock. The bid from CNI was unexpected because this bid
Congratulations to The Arora Report subscribers holding Kansas City Southern (KSU). KSU is a major railroad. The Arora Report had previously given buy signals on KSU and identified it as a buyout candidate. Our target zone started at $270. KSU has received a $275 offer from Canadian Pacific (CP). KSU becomes the 163rd Arora Report Portfolio company