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ITT Educational Services Inc. Message Board

  • chuckeieie chuckeieie Apr 30, 2013 11:05 AM Flag

    LOB of ITT Technical, a raider's dream at the current price...

    A Leverage Buy Out of ESI would mean big money to a raider. The numbers are easy to image...

    Buy the company for $35, earns $5 a share or 14% earning yield, interest on LOB at 6%...

    Easy to cover the interest payment, then grown earnings back to $10 and take it public again. Some of the current shareholders (Select, Blum and others) are working the numbers now. Dianne Feinstein is in Washington for just this type of opportunity, clearing the deck politically.

    Sentiment: Strong Buy

 
ESI
3.97-0.20(-4.80%)Jun 30 4:04 PMEDT