Event Driven: ABBV, BEAV, COV, CVEO, DE, DLTR, EBAY, MAS, MDT,SHP LN

Event Driven/Special Sit


Publicly traded companies mentioned herein: B/E Aerospace (BEAV), The Boeing Company (BA), Medtronic Inc (MDT), Covidien plc (COV), AbbVie (ABV), Shire PLC (SHP LN/ SHPG), Dollar General Corporation (DG), Dollar Tree Inc (DLTR), Family Dollar Stores Inc (FDO), Masco Corporation (MAS), eBay (EBAY), Civeo Corporation (CVEO), Oil States International (OIS), The Men’s Wearhouse Inc (MW)

Highlights

The presenter is selectively bullish on a number of event driven/ special situations stories. He noted that the recent sell off across the market has hit this niche segment of the market particularly hard, and event driven/ special situations specialists have been “getting killed.” Generally speaking, investors are usually willing to pay up for shares when deals/ logical corporate actions are announced, and are willing to wait to realize that value. Today, the shares of a number of companies that have announced or executed spin-offs, recently merged or acquired another company, or are involved in pending deals “are trading at attractive levels, well below the value when the transactions were announced.”

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Idea Discussion

Commentor 1 - 2 weeks ago

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