7/18/2016-ARM Holdings plc (ARMH)

Attention, those of you who own ARM Holdings plc (ARMH):  ARMH is the target of an acquisition by SoftBank Group Corp. The proposed acquisition will include a buyout of all outstanding ARMH shares at a significant premium over the price the shares closed at on Friday 7/15/2016.  Because of this proposal, you should sell your shares of ARMH on Trade …

7/14/2016-TAL International Group Inc. (TAL)

Attention, those of you who own TAL International Group Inc. (TAL):  TAL has merged with Triton Container International Limited to form Triton International Limited (TRTN). More information about the merger can be found here. As part of the merger, owners of TAL will receive one share of TRTN for every share of TAL that was previously owned. No action will …

6/17/2016 – Elizabeth Arden, Inc. (RDEN)

Attention, those of you who own Elizabeth Arden, Inc. (RDEN): RDEN is the target of an acquisition by Revlon, Inc. (REV). The proposed acquisition will include a buyout of $14 for all outstanding shares of RDEN.  Because of this proposal, you should sell your shares of RDEN on Trade Day, and Transmogrify if necessary.  If you are able to sell …

6/15/2016 – Canadian Natural Resources Limited (CNQ)

Attention to those of you who own Canadian Natural Resources Limited (CNQ):  CNQ has completed the distribution of shares of its announced spin-off, PrairieSky Royalty Ltd. Each owner of CNQ has been credited with 2 shares of PrairieSky Royalty Ltd for every 100 shares owned of CNQ. No action will be need to be taken with regards to CNQ, and …

5/16/2016-Dreamworks Animation SKG, Inc. (DWA)

Attention, those of you who own Dreamworks Animation SKG, Inc. (DWA): DWA has been acquired by Comcast Corp. (CMCSA). The acquisition will include a buyout of $41 for each outstanding share of DWA. Because of this agreement, you should sell your shares of DWA as soon as possible, and Transmogrify if necessary.  If you are able to sell your shares above your average cost, …

5/16/2016-Canadian Natural Resources Limited (CNQ)

Attention to those of you who own Canadian Natural Resources Limited (CNQ):  CNQ has announced a corporate restructuring, consisting of a spinoff of a new company, PrairieSky Royalty Ltd. (PSK). As part of this spinoff,  holders of CNQ stock will receive 0.02 shares of PSK for every share of CNQ owned; we are currently in the process of determining how to adjust for …

5/16/2016-Lexmark International, Inc. (LXK)

Attention, those of you who own Lexmark International, Inc. (LXK): LXK has been acquired by Apex Technology Co., Ltd. and PAG Asia Capital (PAG). The acquisition will include a buyout of $40.50 for each outstanding share of LXK. Because of this agreement, you should sell your shares of LXK as soon as possible, and Transmogrify if necessary.  If you are able to sell your …

5/16/2016-Apollo Education Group Inc. (APOL)

Attention, those of you who own Apollo Education Group Inc. (APOL). APOL is being taken private by Apollo Global Management, Vistria Group, and Najafi Companies. The acquisition will include the exchange of all outstanding shares of APOL for $10.00 in cash. Because of this agreement, you should sell your shares of APOL as soon as possible, and Transmogrify if necessary. If you are able …

5/16/2016-SunEdison, Inc. (SUNE)

Attention, those of you who own SunEdison, Inc. (SUNE): SUNE has entered bankruptcy. It has changed its ticker symbol to SUNEQ. This will likely leave the stock price with little or no value in the future. At this time we recommend selling the shares on next Trade Day and recognizing the loss in the Snider Investment Method®. We recommend these steps to …

5/16/2016-Aeropostale Inc (ARO)

Attention, those of you who own Aeropostale Inc (ARO): ARO has entered bankruptcy. Its symbol has changed to AROPQ. This will likely leave the stock price with little or no value in the future. At this time we recommend selling the shares on next Trade Day and recognizing the loss in the Snider Investment Method®. We recommend these steps to close the …