UBS telling clients they expect a deal of some sort between HANS and KO to happen by tomorrow.....thinks most likely scenario is a distribution deal with an equity stake of 30-40% in which case stock trades to mid to high 30's....thinks outright acquisition is still a possibility (worth $50)
Notablecalls: Fyi. Could fly.
PS: I was pinged on HANS saying this call was actually a rehash of UBS' last week note. So the comment it ripped out of context. Disregard. Sorry.
should still be something to keep an eye on though.
ReplyDeletelast month Lone Pine Capital ($8 billion hedge fund ran by Stephen Mandel) filed a 13G disclosing a new 7.8% stake in HANS: http://www.marketfolly.com/2008/08/tease-from-blue-ridge-capital-and-lone.html