Mon, 29 Jul 2013
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Five stats from the market and the stories behind them. This week: a shakeup in J. C . Penney's board, the DOJ seeks to ground a major airline merger , and BlackBerry mulls a sale.
Morningstar's Gaston Ceron addresses the short- and long-term prospects for and opportunities in ICE's takeover of NYSE Euronext.
With the uptick in merger and acquisition activity, whether it be for tax-inversion or strategic reasons, investors should focus on the target company, which can benefit from the deal immediately.
The Medalist-rated Merger and Arbitrage funds both invest in publicly announced merger transactions, but each has its own special tilt.
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