Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, August 19, 2011

Article Excerpt

MOSAID TECHNOLOGIES, $39.22, symbol MSD on Toronto, is now the subject of a takeover bid from Wi-LAN Inc. (symbol WIN on Toronto). The offer is for $38 a share in cash for all of Mosaid’s shares. Mosaid mainly licenses patented computer chip and telecommunications technology, including patents for technology used in smartphones and laptops. Mosaid is now trading at $39.22 a share, or 3.2% above Wi-LAN’s bid. This indicates that investors are anticipating a higher or rival offer. We’ll say more as the takeover unfolds, but for now, we see Mosaid as a hold. Mosaid Technologies was recently covered in the June 2011 issue of Stock Pickers Digest. Click here to access it. Mosaid Technologies was recently covered in the Stock Pickers Digest Hotline for April 1, 2011. Click here to access it. ALIMENTATION COUCHE-TARD, $28.40, symbol ATD.B on Toronto, announced this week that it has agreed to buy 33 On the Run convenience stores in southern Louisiana from ExxonMobil (symbol XOM on New York)…