Wednesday, March 07, 2012

Some Motorola Mobility

I picked up some Motorola Mobility Holding, Inc (Ticker: MMI) yesterday at ~ $39.68. It’s looking like an ok arb play with a potential annualized return of 11.50 to 16% depending on the closing date. I’m looking at a potential closing by March 23rd. The only remaining piece is approval by MOFCOM, which could happen at anytime with a deadline of March 20th. All of the other countries with antitrust reviews have given their ok on the acquisition of Motorola Mobility by Google (Ticker: GOOG).

posted by Money Turtle @ 2:46 PM   4 comments

4 Comments:

At March 08, 2012, Blogger Akhil said...

I bought CNVO yesterday,Could close anytime now as tender offer epired.
Annualized Return:35.49 %

 
At March 08, 2012, Blogger Money Turtle said...

Thanks... I'll take a look at it.

 
At March 11, 2012, Anonymous T. Bhat said...

CADC buyout is also interesting but financing is not certain.

http://valueinvesting.proboards.com/index.cgi?board=general&action=display&thread=280

 
At March 11, 2012, Blogger Money Turtle said...

Lots of questions on CADC... I would have expected a definitive proxy statement by now. Also, there is also the risk that the company may not get the votes needed.

 

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