merger
CANADIAN REIT $49.92 (Toronto symbol REF.UN; Units outstanding: 73.2 million; Market cap: $3.7 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.8%; www.creit.ca) rose 15% after accepting a takeover offer from Choice Properties REIT (Toronto symbol CHP.UN)....
BECTON DICKINSON & CO. $219 (New York symbol BDX; Conservative Growth Portfolio; Consumer sector; Shares outstanding: 266.2 million; Market cap: $58.3 billion; Price-tosales ratio: 4.8; Dividend yield: 1.4%; TSINetwork Rating: Above Average; www.bd.com) has now completed its $25 billion takeover of C.R....
CANADIAN REIT $50 (Toronto symbol REF.UN; Cyclical-Growth Payer Portfolio; Manufacturing & Industry sector; Units o/s: 73.4 million; Market cap: $3.7 billion; Divd. yield: 3.8%; Dividend Sustainability Rating: Above Average; www.creit.ca) has accepted a takeover offer from Choice Properties REIT (Toronto symbol CHP.UN)....
A: WestRock, $65.45, symbol WRK on New York (Shares outstanding: 254.8 million; Market cap: $16.6 billion; www.westrock.com), is a leading provider of packaging materials and systems....
Activist investor Elliott Management won a seat on the board of directors for Citrix Systems in 2015. It then pushed the company to unlock shareholder value. Thanks in part to that pressure, in early 2017, Citrix spun off its GoTo business through a tax-efficient merger with LogMeIn Inc....
THE CHEMOURS CO. $49 (New York symbol CC; Manufacturing sector; Shares outstanding: 185.2 million; Market cap: $9.1 billion; Takeover Target Rating: Highest; Dividend yield 1.4%; TSINetwork Rating: Extra Risk; www.chemours.com) began trading in July 2015 after Du- Pont spun off the company....
NUTRIEN LTD. $59 (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 643.8 million; Market cap: $38.0 billion; Price-to-sales ratio: 1.7; Dividend yield: 3.2%; TSINetwork Rating: Average; www.nutrien.com) is the new firm formed by the merger of Agrium (old symbol AGU) and rival fertilizer producer Potash Corp....
LOBLAW COMPANIES LTD. $65 (Toronto symbol L; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 395.3 million; Market cap: $25.7 billion; Price-to-sales ratio: 0.5; Dividend yield: 1.7%; TSINetwork Rating: Above Average; www.loblaw.ca) operates 1,095 supermarkets across Canada....
TUPPERWARE BRANDS CORP. $64 (New York symbol TUP; Conservative- Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 50.9 million; Market cap: $3.3 billion; Dividend yield: 4.3%; Dividend Sustainability Rating: Above Average; www.tupperwarebrands....
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