01/17/2020 – Avon Products, Inc. (AVP)

Attention, those of you who own Avon Products, Inc. (AVP): AVP has merged with Natura & Co. Holding S.A. (NTCO). The merger includes a trade of 0.3 shares of NTCO for every 1 share of AVP previously owned. All outstanding shares of AVP have been replaced with shares of NTCO, and all outstanding AVP options have been replaced with corresponding …

01/15/2020 – China Finance Online Co. Limited (JRJC)

Attention, those of you who own China Finance Online Co. Limited (JRJC): JRJC has enacted a 1 for 10 reverse stock split. 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 next Trade Day. We’re here …

01/06/2020 – Career Education Corp (CECO)

Attention, those of you who own Career Education Corp (CECO): CECO has undergone a name and symbol change to Perdoceo Education Corporation (PRDO). All outstanding shares of CECO have been replaced with shares of PRDO, and all outstanding CECO options have been replaced with corresponding PRDO options. Lattco users will need to update your worksheets to reflect this change at …

12/5/2019 – Viacom, Inc. (VIAB)

Attention, those of you who own Viacom, Inc. (VIAB):  VIAB has completed a merger with CBS Corporation (CBS). The merger includes a trade of 0.59625 shares of VIAC (the new company) for every 1 share of VIAB previously owned. Because of this merger, you should sell your shares of VIAC on Trade Day, and Transmogrify if necessary. If you are able to sell …

12/5/2019 – DISH Network Corp

Attention, those of you who own DISH Network Corp (DISH): DISH declared a rights option on November 17, 2019, allowing owners of DISH to purchase additional shares of the position at a price of $33.52 per share prior to December 9, 2019. You can read more about the rights offering here. As a result of this offering, all option contracts …

10/15/2019 – Jefferies Financial Group (JEF)

Attention, those of you who own Jefferies Financial Group (JEF): JEF has announced a special dividend consisting of a spin-off of shares of Spectrum Brands (SPB). More information on the spin-off can be found here. As part of this spin-off, holders of JEF will receive 2.5 shares of SPB for every 100 shares of JEF owned on the date of …

10/15/2019 – Shutterfly Inc. (SFLY)

Attention, those of you who own Shutterfly Inc. (SFLY): SFLY has been acquired by Apollo Global Management LLC (APO). The acquisition includes a payment of $51 per share for every outstanding share of SFLY. You will have received a cash payment for your shares of SFLY equal to your quantity of shares owned of SFLY multiplied by $51 on or …

08/16/2019 – Ensco plc (ESV)

Attention, those of you who own Ensco plc (ESV): ESV has undergone a name and symbol change to Valaris plc (VAL). All outstanding shares of ESV have been replaced with shares of VAL, and all outstanding ESV options have been replaced with corresponding VAL options. Lattco users will need to update your worksheets to reflect this change at your earliest …

08/14/2019 – Cambrex Corporation (CBM)

Attention, those of you who own Cambrex Corporation (CBM): CBM is the target of an acquisition by the Permira Fund. The acquisition includes a payment of $60 per share for every outstanding share of CBM. Because of this agreement, you should sell your shares of CBM on Trade Day, and Transmogrify if necessary. If you are able to sell your shares above …

08/14/2019 – DaVita Inc. (DVA)

Attention, those of you who own DaVita Inc. (DVA): DVA has recently announced a modified Dutch auction tender offer for owners of its common stock. More information can be found on the tender offer here. The company is looking to purchase up to $1.2 billion of common stock at no less than $53.50 per share and no more than $61.50 …