Neogames is a buyout you might be interested in, but I think it will take a little time and you need some patience I think. Underlying business is good, but if the deal breaks it can fall back a lot. I think the risk of that is low but the market seems to think otherwise, because spread is good.
I like your idea generation and the Special Situation. Maybe it will be helpful to clarify what you are really looking for in Special Sits (merger arbitrage?, SOTP?, buybacks?, restructring?).
Thank you. I am a generalist and really can look at anything. I like to hold some of my portfolio in "self-liquidating" situations, i.e. I buy something and do not need to take care of selling as the money comes back from alone. These are acquisition and liquidation situations.
For "self liquidating" holdings you should give STHO a look - there is a decent VIC writeup on it, as well as a post on Clark Street Value (not really focusing on the self liquidation part, but gives some good background)
Neogames is a buyout you might be interested in, but I think it will take a little time and you need some patience I think. Underlying business is good, but if the deal breaks it can fall back a lot. I think the risk of that is low but the market seems to think otherwise, because spread is good.
Self-liquidating: APTX similar to SIOX, trades below liquidation midpoint, some asset upside left.
KDNY juicy takeover, market concerned about HZNP / AMGN FTC implications, do not apply in my opinion, CVR not priced in imo
Thank you, will take a look!
I like your idea generation and the Special Situation. Maybe it will be helpful to clarify what you are really looking for in Special Sits (merger arbitrage?, SOTP?, buybacks?, restructring?).
Thank you. I am a generalist and really can look at anything. I like to hold some of my portfolio in "self-liquidating" situations, i.e. I buy something and do not need to take care of selling as the money comes back from alone. These are acquisition and liquidation situations.
For "self liquidating" holdings you should give STHO a look - there is a decent VIC writeup on it, as well as a post on Clark Street Value (not really focusing on the self liquidation part, but gives some good background)
Thanks, I appreciate the idea