Takeover bids are presented to companies who are attractive candidates for takeover, which primarily means the company is profitable. The chance of a takeover often adds to a stock’s appeal, although this appeal alone doesn’t provide reason enough to buy a stock on its own.
An example of a takeover bid: In April 2010, Alimentation Couche-Tard (symbol ATD.B on Toronto) launched a hostile, $2.0-billion takeover bid for Casey’s General Stores (symbol CASY on Nasdaq). However, competitor 7-Eleven outbid it.
Couche-Tard was more successful in two other bids: its $2.7-billion acquisition of Norway’s Statoil Fuel & Retail gas station chain in June 2012 and The Pantry, which Couche-Tard bought for $1.7 billion in March 2015. The Pantry operates more than 1,500 convenience stores in 13 southern U.S. states.
A hostile takeover bid targets shareholders in an attempt to replace the management of the target company, typically when the management doesn’t agree with the merger or acquisition.
The opposite of a hostile takeover is a friendly takeover, which is when the management of a company approves of a takeover or merger.
Learn how we spot takeover candidates by following TSI Network and using our three-part Successful Investor strategy:
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The coronavirus pandemic forced the cancellation of most vacation plans. However, the reopening of the economy has spurred strong demand for travel. Wyndham Hotels & Resorts continues to benefit from that surge—and has now attracted a takeover bid.
WYNDHAM HOTELS & RESORTS, $76.80, is a buy. The… Read More
When it comes to dual-class shares, the voting shares have certain advantages over non-voting shares
Aside from specific investments (such as U.S. and Canadian stocks, income trusts or exchange-traded funds), our Inner Circle members ask us about a wide range of investment. For example, I’ve been… Read More
The Drop in the IPO Market Has Hurt Three Main Groups. But What’s the Outlook Going Forward?
The IPO market, or “Initial Public Offerings” market—more commonly known as the new issues market—has gone through an extraordinarily bad time the last couple of years. It’s been bad… Read More
Electric vehicle charging is a rapidly expanding market — but is EVgo stock the way to profit from that growth?
EVgo (New York symbol EVGO) builds and operates charging infrastructure for electric vehicles (“EVs”) — currently in 30 U.S. states. Clients include retail customers, original equipment… Read More
ARAMARK CORP. $38 is a buy. The company (New York symbol ARMK; Manufacturing sector; Shares outstanding: 261.1 million; Market cap: $9.9 billion; Dividend yield: 1.2%; Takeover Target Rating: Medium; www.aramark.com) plans to spin off its uniform business as a separate, publicly traded firm called Vestis. It provides customers in… Read More
BIRCHCLIFF ENERGY LTD., $8.29, is a buy for aggressive investors. The company (symbol BIR on Toronto) develops and produces oil and gas, mainly in the Peace River Arch area of both Alberta and B.C. Its average output of 77,510 barrels of oil equivalent per day is 82%… Read More
Electronic Arts and Warner Music soared during the pandemic but have now given up some of those gains. Still, we like their prospects in their competitive niche markets, and each is well-priced for new buying.
WARNER MUSIC GROUP, $33.61, is a buy. Through your shares (Nasdaq symbol… Read More
ELECTRONIC ARTS INC., $122.59 (symbol EA on Nasdaq), is a buy for aggressive investors. The company is a developer of video games for play on consoles, PCs, and mobile devices. Its hugely popular game franchises include Madden NFL, The Sims, Need for Speed, Battlefield, and… Read More
CORTEVA INC., $56.35, is a buy. The company (symbol CTVA on New York) is a leading developer of new seeds and crop chemicals, including herbicides and insecticides, for the agriculture industry. Corteva separated from DowDuPont in June 2019.
Corteva and Bioceres Crop Solutions Corp. (symbol BIOX on Nasdaq)… Read More
Spinoff investing has been proven to generate above-average returns—and part of that comes from their takeover appeal.
Spinoff investing is a top strategy for investors looking for above-average gains.
A number of studies have shown that after an initial adjustment period of a few months, spinoffs tend… Read More
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What personal information do we collect?
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
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