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Investors Title Co. Message Board

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  • pmlljl pmlljl Dec 17, 2008 1:33 PM Flag

    CEG Part Deux


    CEG has traded today in a range of $24 to $30 and is currently $25 and change. Buffett has agreed to cancel his deal to buy the company but he will get a lot of money out of the transaction. CEG is now going to do a deal with EDF. It looks as if the market can't decide how to value CEG. I am glad to have sold and will watch from the sidelines.

    Have you found any other merger arbitrage deals that we can play in? I miss the action and the profits.

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