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

Verint gives you 2 ways to profit

VERINT SYSTEMS INC. $589 is a spinoff buy. The software maker (Nasdaq symbol VRNT; Manufacturing & Industry Sector; Shares outstanding: 66.8 million; Market cap: $3.9 billion; No dividend paid; Takeover Target Rating: Medium; www.verint.com) plans to split the company into two separate, publicly traded businesses in early 2021.
The customer… Read More