CONGRATULATIONS! 82.7% PROFIT ON BUYOUT OF US STEEL (X)
186TH BUYOUT OF AN ARORA REPORT COMPANY
Congratulations
Congratulations! There are 82.7% profit at the buyout price from The Arora Report signal to buy US Steel (X) stock. The original signal identified US Steel as a buyout target.
Making A Fortune With Buyouts
You can make a fortune with buyouts. When a company is bought out, its stock goes up.
Long time members of The Arora Report have already made a fortune from buyouts. US Steel is the 186th Arora Report portfolio company to be bought out. This performance is better than the firms charging upwards of $50,000 per year. With The Arora Report, you get so much more.
The Offer
Here are the key points:
The offer is from the Japanese company Nippon Steel (NPSCY).
The offer is all cash $55 per share.
The offer represents an equity value of about $14.1 billion plus the assumption of debt for a total enterprise value of $14.9 billion.
Nippon Steel is financing the transaction from internal funds and loans from Japanese banks.
The financing is already secured and the transaction is not contingent on financing.
The transaction has been unanimously approved by the board of US Steel and the board of Nippon Steel.
US Steel will maintain its headquarters in Pittsburgh.
The combined company will have a combined capacity of 86 million tonnes.
The transaction is likely to close in the second or third quarter of the next year.
What To Do Now
The stock is trading at $49.83 due to a small risk of regulators not approving the transaction and also due to the time value of money. To take profits here or to wait for $55 cash is a matter of personal preference. For most investors, a good option is to take partial profits and hold the rest.
You Too Can Make A Fortune
You too can make a fortune just like thousands of your fellow investors. The time to start is now! You can start today by taking a free trial to ZYX Buy Change Alert. Your satisfaction is 100% guaranteed. Your credit card is not charged during the 30-day trial. Please click here to start your trial.