Takeover Spotlight: Cineplex Inc.

Article Excerpt

Welcome to your latest issue of Spinoffs & Takeovers! This month, we highlight spinoff opportunities ready to deliver strong returns for your portfolio. They include Keysight, and eBay and Aramark, among several others. In addition, we provide you with key analysis of stocks now in the crosshairs of activist investors—and with the potential for lucrative spinoffs or takeovers. They include Celanese Corp.. CINEPLEX INC. $34 is one takeover now grabbing investor attention. We recommend you continue to hold it. The stock (Toronto symbol CGX) has soared 42% for its investors on a takeover offer from the U.K.’s Cineworld Group plc. The cash bid for this chain of 165 Canadian theatres is $34 a share. Cineworld aims to combine Cineplex with its U.S. business Regal to create a North American powerhouse. Our top stock pick for 2020 We’ll reveal our top stock pick for 2020 in the February issue. It goes out January 24. Our best wishes! We here at TSI Spinoffs & Takeovers and TSINetwork.ca wish you and yours a terrific year-end holiday and…