Market-cap-weighted indexes can work against a contrarian value strategy.
On Monday, two days after its self-imposed deal deadline, Tribune TRB announced that it had agreed to be taken private in a multistage deal involving real estate investor Sam Zell . The announcement doesn't come as much of a surprise to us, as recent media reports had indicated that Zell's offer had ...
But interest rate worries also build.
M&A activity contributes to surge.