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Home Special Situations MXM

MXM
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12:47 pm
October 22, 2009


Jae Jun

Admin

posts 1336
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I was watching this for a couple of weeks now but the spread is too thin to make it worthwhile in my portfolio.

From the looks of things, one of the higher probabilities of going through.

10:02 pm
October 21, 2009


Ryan B

Toronto

Member

posts 21
1

Maxxam Inc,

Only in initial stages of analysis

Stockholders owning fewer than 250 shares will receive $10.77 share – closed today at $10

Financing the transaction through cash and cash equivalents

Quick glance at the financial statements looks to be a highly leveraged company. http://quicktake.morningstar.c…..Symbol=MXM

Shareholders are voting this month.

Have not found the closing date, date might not be finalized, but again still in early stages of conducting my due diligence

Will post more as I conduct further research

http://www.sec.gov/Archives/ed…..4a.htm#112

http://www.sec.gov/Archives/ed…..xcyxiy.htm
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