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NEW FEATURE – MEMBER IDEAS

First a short foreword. Quite a few of you have shared investment ideas with me, but only a part of them ended up on the site. This was either do to lack of time to investigate them thoroughly or due to my belief that upside was not worth the risk. So usually if I did

Alstom (ALO) – Tender Offer – 28% price differential

Current Price – Eur 27.27

Offer Price – Eur 35

Upside – 28%

Expiration date –  20 January 2016

Tender document

Alstom is listed in France

This is a materially different tender compared to the ones usually posted on this site. So do your own due diligence before making the purchase.

Alstom is buying back 30%

Tangoe (TNGO) – Forced Selling + Merger Arbitrage – 25% upside

Current Price – $5.13

Expected Buyout – $6.5

Upside – 25%

Expiration Date – TBD

This is a fairly straightforward situation. Tangoe received non-binding proposals to be acquired by Marlin Equity Partners (10% shareholder) at $7.5/share and by Clearlake Capital Group and Vector Capital Management (jointly 25% shareholders) at $7/share. Following further discussions Marlin later reduced their proposal to $6.5/share. Clearlake/Vector have not issued any further updates with regards to their offer so it is not clear whether their proposal still stands.