Friday, February 26, 2010

IMS Health = Done Deal?

I may be jumping the gun here, but it looks like IMS Health (Ticker: RX) is a “Done Deal”. The stock appears to be halted pending news. This was a nice risk arb play with a net gain of 7.63% over a 3 month period (~ 30% annualized rate of return). I re-entered into IMS Health after the rediculous sell off in December. No complaints... Here are the trades:

12/11/09 1.0X @ $19.90
12/17/09 0.1X @ $20.58
12/18/09 0.2X @ $20.46
12/18/09 1.2X @ $20.49
12/22/09 0.6X @ $20.93
01/04/10 0.1X @ $21.03
01/05/10 0.2X @ $21.00


It's official now... IMS Health=DONE DEAL

IMS Health Acquired By Affiliates Of TPG, CPP Investment Bd Last update: 2/26/2010 11:29:54 AM (MORE TO FOLLOW) Dow Jones Newswires (212-416-2400) February 26, 2010 11:29ET (16:29 GMT)


At March 03, 2010, Anonymous Anonymous said...

Good work, thanks for the tip on IMS. Keep the ideas coming, IMS was a good score, steady and rising. Thanks.

At March 04, 2010, Blogger Money Turtle said...

The sell off of IMS Health in December was a gift. You can thank Washington DC.


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