MDC
@ClarkinM
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CLOs by day, moonlight as a special sits/event-driven investor by night over at Clark Street Value
Highland Park, IL
Joined May 2013
Is there anything to do with the $LNW delisting? Odd move to leave the U.S. market, they’re accelerating their buyback ahead of the delisting, might be some forced selling. Wait to pick up the orphaned OTC shares? Despite today’s bump, trades cheap compared to ASX peers
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A little late going through the $MCHB results, but they’re guiding to a ~$1.10 annual dividend starting in Q1, that’s a 8.25% yield on the current price, should be attractive to retail yield pigs and dividend growth investors?
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I’ll be at ABS East this week if anyone wants to meet up for a coffee/drink
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Anyone following the $FWRD sale process? Is the deal dead? Multiple parties were interested according to reports, if it's still alive, looks interesting here.
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Anyone out there looking at the $TURN deal? I'm confused by MLC, misc assets of BCP's credit platform? Don't know why it exists, BCP and management don't own much of MLC, why bother with the separate entity?
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Today Marlton formally nominated four highly qualified, independent directors to the $TURN Board. It’s time for accountability and change. Full release: https://t.co/9Wmbg4Ji4K
#CorporateGovernance #ShareholderRights
prnewswire.com
/PRNewswire/ -- Marlton Partners L.P., (together with its affiliates and group members, "Marlton" or "we"), beneficial owners of approximately 5.2% of the...
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@BillAckman should this read the Reference Market Price? think it might be a typo?
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$HHH: The Reference Share Count does not change in the event the Company issues additional shares to raise equity, to acquire a company for stock, or to provide equity compensation to employees. As a result, the management fee will not increase due to share issuances.
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$BBXIA using a 4-day old crisis as an excuse to go dark, classic Levan move
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Any bank investors have an opinion on $MCHB, Ford Financial Group or Gerald J Ford?
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Officially killing the strategic process today, no sale, $30MM buyback to help cushion the blow
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“Through our exploration of strategic alternatives, we’re gaining valuable insights that are sharpening our focus on key value drivers for sustainable stockholder value." $LMNR - Is this a sale process or just a consulting engagement? Strange situation.
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Unfortunately, the merger was approved, was hoping this would get shot down to prevent other reverse mergers that don’t include a PIPE, special dividend and/or CVR
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Reminder for any $ALVR shareholders out there, vote against the reverse merger, meeting is tomorrow, liquidation value per the proxy is $19.78 versus today's share price of $9.40
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$RHLD will be latest to attempt the external manager model, at least here the Cote family swapped their Class B for A in CMPO before doing the transaction giving all shareholders a piece of RHLD, Ackman should take note
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A couple days late on this, but if ESL really thought $LE is worth $90 in 5 years, why not take it private himself and execute his plan to grow sales by 50% (sales have largely been flat the last 5 years)? Odd letter, but somewhat interesting situation.
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President of Arcadia steps down somewhat hastily (my interpretation of the 8-K), curious if that means anything regarding a complete sale to $STCN rather than continuing down the path to Arcadia being the remainco
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Steel Connect $STCN, which owns about 9.8% of the outstanding shares of DMC Global $BOOM, issued a public letter to DMC’s Board. 💡Steel Connect reiterated its May 30th proposal to acquire the remaining shares of DMC at $16.50 per share in cash. 💡As an alternative to a full
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