Right after we posted the BUYOUT news today, within maybe an hour, the company issued a press release. From what we know, the company is looking for an offer between $25 and $30 including the possible debt / potential future liability. If the debt / potential future liability is rolled over into a separate company, the offer price could reach as high as $35 to...
Wall Street Rumor is buyout could be announced soon! ARNC is rumored to be in last minute negotiations for a buyout. Once this rumor really starts circulating the street, and the stock moves up closer to its 52-week high, it could force the buyout number to become even higher. Looking at the 52-Week High of around $31.00, we do not see the company being...