Sold VWR International
I decided to take a small gain in VWR International (Ticker: VWR). I sold at $34.09 generating a net gain of ~1.1%. I just don’t know if the takeout price can reach the $5 billion mark. The WSJ was simply making an assumption with the $5 billion price tag based on the expected premium one would expect in a buyout. I was not comfortable with this fuzzy math…
posted by Money Turtle @ 1:22 PM
4 comments
4 Comments:
What do you think of ABCO with over 20 interested parties bid in the first round?
thanks
I haven't done any work on this one, but it looks like a mid 50's takeout price is possible.
Nice exit on VWR, I exited too after your post..
Thanks
MT, spot on! all too often the news reports are fuzzy..what they meant by greater than 5 billion was equity plus debt.
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