In Early 2011 CNBC carried out an interview of Mario Gabelli, in which he pointed out some companies that were enticing takeover targets. And he predicted ABB will soon be interested in Thomas and Betts.
His prediction has finally come true, within a year ABB has offered to buy Thomas and Betts for $3.7 billion cash, reports Bloomberg (Link below)
In his first-quarter letter to investors of Greenlight Capital, David Einhorn lashed out at regulators. He claimed that the market is "fractured and possibly in the process of breaking completely." Q1 2021 hedge fund letters, conferences and more Einhorn claimed that many market participants and policymakers have effectively succeeded in "defunding the regulators." He pointed Read More
H/T: Motiwala Capital