Spinoffs & Takeovers Hotline – Friday, May 22, 2020

TRISURA GROUP LTD., $49.00, symbol TSU on Toronto, is a provider of higher-margin specialty insurance in three areas: Risk Solutions provides warranties for manufactured products; Surety Insurance guarantees that specific tasks are completed; and Corporate Insurance and Reinsurance offers policies to professionals to cover malpractice… Read More

‘Carveout’ sets up Post for more growth

POST HOLDINGS INC. $90 (New York symbol POST; Consumer sector; Shares outstanding: 66.6 million; Market cap: $6.0 billion; No dividends paid; Takeover Target Rating: Medium; www.postholdings.com) is a leading maker of packaged foods. The U.S. supplies 87% of its sales.
The company has five operating units: Consumer Brands, Michael… Read More