Archive for July 9th, 2007
Is Rogers Communications in play?
9 July 2007Suspend disbelief for a moment and consider the odd trading pattern of Rogers Communications over the past year. To remind, there are two classes of shares there: the A’s (RCI.A:TSX) and the B’s (RCI.B:TSX).
One of Canada’s great entrepreneurs, Ted Rogers, controls the lion’s share of the voting stock of Rogers Communications. Those are [...]
Clarus research on Top Aces acquisition
9 July 2007Here is summary of a research report from Clarus Securities, as they reintroduce a target price and recommendation on Discovery Air (DA.A:TSX) following the announcement of its acquisition of Wellington Financial Fund II portfolio co. Top Aces. Inc.
“Discovery recently announced that it has entered into a ~$65 million [now worth $71 million with the appreciation [...]