Sunday, 1 December 2013

International Minerals - A Takeover Arbitrage Play

International Minerals is getting taken over, and buyers at the current price are getting cash and shares in a spin-co. The spin-co is being valued at less than the cash it will have on hand, but it also has valuable mining assets. I did a complete write-up, permanently available here:

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Disclaimer: The content contained in this blog represents only the opinions of its author. I may hold long or short positions in securities mentioned in the blog, and no updates to the disclosure above will be made. I may buy or sell securities at any time. In no way should anything on this website be considered investment advice and should never be relied on in making an investment decision. Read that last line again. Also, this blog is not a solicitation of business. The content herein is intended solely for the entertainment of the reader and the author

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