Some highlights from this weekend’s Event Driven Monitor
Have a friend with an ED (“Event-Driven”) problem? Forward this newsletter to them and they can sign up for their own ED fix right to their inbox:
NEW USERS RECEIVE A FREE 4-WEEK TRIAL
The Event of the Week
Subscribe Now To Keep Reading…
Kuppy’s Tweet of the Week
Chart and Kliff Note of the Week
CEO Turnover Monitor: BKD is changing guards and is kicking off an executive search to replace the CEO. The new CEO will be focused on driving operational and financial improvements, capitalizing on the intrinsic value of Brookdale’s owned real estate portfolio and enhancing shareholder value by acting on Brookdale’s compelling industry dynamics and cash flow generation potential. Worth noting that Ortelius Advisors went activist last month and the Company is taking note…The silver tsunami (an old KEDM thematic) is upon us. Worth watching…
Merger and Acquisitions Monitor: The UK money printer (literally) – De La Rue PLC (DLAR LN) agreed to be acquired by Atlas Holdings for 130 pence per share. Atlas is reported to have secured 40% of the SO in the form of ‘intent to vote in favor of the deal’. Meanwhile, Edi Truell isn’t going down without a fight as he re-upped and came over the top with 132p
Subscribe Now for More Event-Driven Opportunities
Kuppy’s Event Driven Monitor scans over 20 corporate events for market moving information and distills them into our propietary “Kliff Notes.” One profitable trade should more than cover an annual subscription and access to the Event Driven chatroom!