Thursday, September 22, 2011

Some More China Fire & Security Group, Inc.

I added to my position in China Fire & Security Group, Inc. (Ticker: CFSG) today at $8.75. The company should be releasing the results of the shareholder vote today. I really doubt that they did not get enough votes to approve the merger or else they would have postponed the meeting. If the shareholders approve the merger, the company will complete the management buyout with Bain Capital for $9.00 per share in cash.


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