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Celanese Corporation Message Board

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  • slim_niceguy slim_niceguy Oct 29, 2003 9:38 PM Flag

    Arbs loving this spread or not?

    My opinion is you don't buy this thinking any deal with First Data goes through. There are plenty of other buyers though ...Fiserv for example. I think you buy it because it is trading for about 12x next years earnings and they have enough cash to retire 35%+ of their stock at this price.

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