⁠InsideArbitrage
Prosus Acquires Despegar $DESP for $1.7 Billion in Cash Deal -
🏖️Each outstanding share of Despegar will be converted into the right to receive $19.50 per share in cash, representing a 33.11% premium from the stock’s last close.
🏖️Once the transaction is complete, expected in Q2 2025, Despegar will become a private company.
tweet

⁠InsideArbitrage
Fund 1 Investments, which currently owns 10.6% of Destination XL $DXLG, has made a non-binding proposal to acquire all outstanding shares of Destination XL that it does not already own, offering $3.00 per share in cash.
tweet

⁠Stock Analysis Compilation
Pender Fund on Calian Group $CGY CN

Thesis: Calian’s diversified operations and strategic capital allocation offer strong long-term growth potential amid short-term headwinds

(Extract from their Q3 letter) https://t.co/VP6FIgrAbo
tweet

⁠Ahmad Jivraj
Great investment ideas are rare.

Warren Buffett's legendary investment success came from fewer than 20 key investments throughout his career.

Successful investing does not require constantly finding and acting on new opportunities.

So don't chase every apparent opportunity; instead, wait (really wait) for exceptional ones.

Easier said than done though....
tweet

⁠Dimitry Nakhla | Babylon Capital®
$NVO is down -42% from its highs 📉

10-Year Rev CAGR: 10.8%
10-Year FCF CAGR: 11.8%
10-Year EPS CAGR: 14.8%
10-Year Stock CAGR: 17.3%

5-Year Rev CAGR: 17.5%
5-Year FCF CAGR: 18.7%
5-Year EPS CAGR: 22.8%
5-Year Stock CAGR: 29.6%

NTM FCF Yield: 3.4% 💵
NTM P/E: 23.06💵 https://t.co/MuLzW9qnNG
tweet

⁠InsideArbitrage
Nordstrom $JWN Acquired by Nordstrom Family and Liverpool in a $6.25 Billion Cash Deal -
🛍️Nordstrom common shareholders will receive $24.25 in cash for each share of Nordstrom common stock they hold, representing a discount of 1.14% from the stock’s last close.
🛍️The founding family had offered to acquire the company in September for $23 per share in cash. Reports of the family looking to take the retailer private had been making rounds since March. The company had formed a special committee in February to evaluate the proposal.
tweet

⁠InsideArbitrage
RT @ReutersLegal: EU antitrust regulators are set to approve US chip design software company Synopsys' $35 billion acquisition of Ansys based on the former's pledge to sell two assets, people with direct knowledge of the matter said https://t.co/XZYajXtD1d https://t.co/ZJ1IiVBLQ1
tweet

⁠Stock Analysis Compilation
Royce Invest on PAR Technology $PAR US

Thesis: PAR Technology’s innovative payment solutions and SaaS model, backed by growth outside the U.S., position it for strong market share gains

(Extract from their article) https://t.co/CqiI6jOn0K
tweet

⁠InsideArbitrage
Singular Genomics Systems $OMIC to be Taken Private by Deerfield in an All-Cash Deal :
🧬As per the terms of the merger agreement, an affiliate of Deerfield Management Company, L.P will acquire Singular Genomics for $20.00 per share in cash, representing a premium of 2.30% from the stock’s last close.
🧬The deal is expected to close in the first half of 2025.
🧬Singular Genomics had received an offer from Deerfield for $10 a share in September. The company was trading at $5.65 per share before the offer was made.
tweet

⁠InsideArbitrage
First Busey Corporation $BUSE and CrossFirst Bankshares, Inc. $CFB jointly announced that both the companies' shareholders have each voted to adopt and approve their merger at the special meetings of shareholders held on December 20, 2024. https://t.co/3zrh5Q0lRV
tweet