9/30/2015 – EZChip Semiconductor Ltd

Attention, those of you who own EZchip Semiconductor Ltd (EZCH): EZCH has been acquired by Mellanox Technologies, Ltd. (MLNX). The acquisition will include a price paid of $25.50 for all outstanding shares of EZCH. Because of this agreement, you should sell your shares of EZCH as soon as possible, and Transmogrify if necessary.  If you are able to sell your shares above your average …

10/13/2015 – Polycom, Inc. (PLCM)

Attention, those of you who own Polycom, Inc. (PLCM): PLCM has little/no option volume, making it no longer suitable for the Snider Investment Method. Because of the option volume, you should sell your shares of PLCM  and Transmogrify as soon as possible. Those of you who have no current outstanding options for PLCM may sell your shares immediately, rather than wait …

10/13/2015 – Resources Connection Inc. (RECN)

Attention, those of you who own Resources Connection Inc. (RECN): RECN has little/no option volume, making it no longer suitable for the Snider Investment Method. Because of the option volume, you should sell your shares of RECN  and Transmogrify as soon as possible. Those of you who have no current outstanding options for RECN may sell your shares immediately, rather than wait for the …

09/30/2015 – Peabody Energy Corporation (BTU)

Attention, those of you who own Peabody Energy Corporation (BTU): BTU has announced a 1-for-15 reverse stock split effective October 1st, 2015. As a result, some alterations need to be made to your Snider Investment Method worksheets. Lattco PRO & Lattco AutoPilot clients: the adjustments have been made for you and should be reflected in your account by Trade Day. We’re here to …

9/16/2015 – Cameron International Corporation (CAM)

Attention, those of you who own Cameron International Corporation (CAM): CAM has been acquired by Schlumberger Limited (SLB); for complete details on the merger, please use this link. The acquisition will involve the receipt of 0.716 shares of SLB and a cash payment of $14.44 for every share of CAM currently owned. Because of this merger, you should transmogrify your CAM position as soon as possible …

8/21/2015 – Bio-Reference Laboratoies, Inc. (BRLI)

Attention, those of you who own Bio-Reference Laboratories, Inc. (BRLI): BRLI has been acquired by OPKO Health, Inc. (OPK); for complete details on the merger, please use this link. The acquisition will involve the receipt of 2.75 shares of OPK for every share of BRLI currently owned. When the transition is finalized, you will see your BRLI shares replaced with OPK shares in …

8/21/2015 – Informatica Corporation (INFA)

Attention, those of you who own Informatica Corporation (INFA): INFA has been acquired by Permira Advisers and Canada Pension Plan Investment Board. The acquisition will include a buyout of $48.75 for all outstanding shares of INFA. Because of this agreement, you should Transmogrify if necessary (your shares of INFA have already been sold, so you will not need to perform this transaction). …

07/15/2015 – Gannett Co., Inc. (GCI)

Attention, those of you who own Gannett Co., Inc. (GCI): GCI has announced a spin-off for the company, the details of which can be found here. The spin-off involves the creation of a new GCI, and a symbol change of the pre-existing GCI to TGNA. All owners of the TGNA position will receive a quantity of shares in the new GCI position equal …

07/14/2015 – Infosys Ltd. (INFY)

Attention, those of you who own Infosys Ltd. (INFY): INFY has announced a 2-for-1 stock split effective June 16, 2015. As a result, some alterations need to be made to your Snider Investment Method worksheets. LattcoPro clients: the adjustments have been made for you and should be reflected in your account by Trade Day. We’re here to help! If you have a position …

7/14/2015 – Ryland Group Inc. (RYL)

Attention, those of you who own Ryland Group Inc. (RYL): RYL is the target of an acquisition by Standard Pacific Corp. (SPF); full details of the merger can be found here. The merger will involve a reverse stock split and an exchange in stocks between the two merging companies that will make it difficult to apply the Snider Method consistently moving forward. …