Bloomberg Reports Collective Brands Likely to Be Bought Between $20 and $22 Per Share
publication date: Apr 27, 2012
Bloomberg reported that one of the holdings in our Best Ideas Newsletter is getting ready to be acquired for as much as $22 per share. Though this is slightly lower than our point fair value estimate, the price still falls within our fair value range. We'll likely be moving out of our position in Collective Brands in coming trading sessions.
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