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).


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.

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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