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Ferro Corporation (FOE) receives a buyout offer of $6.50/share in cash and stock from A....

Ferro Corporation (FOE) receives a buyout offer of $6.50/share in cash and stock from A. Schulman (SHLM). The price represents a 25% premium to Friday's close. Schulman estimates the merger can achieve $35M in cost savings beyond Ferro's current targets. FOE +25% premarket. (PR)
Comments (2)
  • sheldond
    , contributor
    Comments (1024) | Send Message
     
    I think long term this would be a bummer for a long term investor. Then again bought most of mine under 3 dollars so I can't complain.

     

    I think it works out better for me to reject this plan. Over two years the stock would be above this number.
    4 Mar 2013, 08:26 AM Reply Like
  • sheldond
    , contributor
    Comments (1024) | Send Message
     
    http://bit.ly/Y8LO3m since they hired this guy and ditched the paste I am definitely interested in their long term growth potential.
    4 Mar 2013, 11:24 AM Reply Like
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