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10 SPAC Accounts To Follow On Twitter
Friday, February 12, 2021 - 11:39am | 1092Read More...One of the most dominant investing themes of 2020 was the rise in popularity of special-purpose acquisition companies, or SPACs, also known as blank check mergers. SPACs are continuing momentum into 2021 as there could be as many as 400 SPACs outstanding. The month of February has seen over $9...
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What Has More Leaks Than The White House? M&A Deals
Tuesday, August 29, 2017 - 9:12am | 408Read More...If the White House is looking for advice on how to avoid leaks, then it shouldn't turn toward Wall Street. Prior to M&A announcements, details of the deal are more often than not leaked, Gadfly's Gillian Tan commented. Although to Wall Street bankers' credit, sometimes the leak does come from...
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Gadfly's Tan: TripAdvisor Is Finally 'Laying The Groundwork' To Be Acquired
Thursday, August 24, 2017 - 1:32pm | 396Read More...Investors and Wall Street have been speculating for quite some time that Tripadvisor Inc (NASDAQ: TRIP) is destined to be sold to a larger travel peer. But each time this rumor presents itself TripAdvisor remains a standalone company — but this time around its different, according to Gadfly's...
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Why The Most Shorted U.S. Bank Might Be A Buy
Wednesday, February 1, 2017 - 1:55pm | 374Read More...BofI Holding, Inc. (NASDAQ: BOFI), short for Bank of Internet USA, claims in its own words to be the "oldest and most trusted internet bank." The stock is the most shorted U.S. bank, according to Gadfly's Gillian Tan. Tan noted that short sellers have been pilling into the bank...
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Gadfly: Priceline's $941 Million Write-Down Is A Bad Sign For Prospective Takeover Targets
Tuesday, November 8, 2016 - 11:05am | 339Read More...While investors are cheering Priceline Group Inc's (NASDAQ: PCLN) third quarter results, one aspect of the report appears to be overlooked. In Priceline's report, the company wrote down the value of OpenTable by $941 million, which is more than one third of what it paid for the company...
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Cabela's Nearly Year-Long Sale Process Proves The Market Rewards Patience
Tuesday, October 4, 2016 - 8:51am | 320Read More...It has been nearly a full year since Elliott Management disclosed its stake in Cabelas Inc (NYSE: CAB) and urged the company to sell itself. As is often the case, the market rewards patience. According to Gadfly's Gillian Tan, Bass Pro's $65.50 per share offer to acquire Cabelas...
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Attention Fitbit Investors: Apple's New Watch Unlikely To 'Shake Up The Competitive Landscape'
Friday, September 9, 2016 - 1:11pm | 324Read More...Apple Inc. (NASDAQ: AAPL)'s upgraded Watch product, called the Apple Watch Series 2, will blow the competition out of the water, including Fitbit Inc (NYSE: FIT), right? Not so fast, says Bloomberg Gadfly's Gillian Tan. According to Tan, Apple's new Watch does contain a few "...
