Last week's $45.2 billion Time Warner-Comcast deal pushed the global deal tally to $336 billion so far this year - the most since 2007 - and another blockbuster deal announced this week will push that figure even higher.
On Tuesday Irish drugmaker Actavis PLC (NYSE: ACT), producer of generic and specialty urology and women's health products, agreed to buy New York-based Forest Laboratories Inc. (NYSE: FRX) for $25 billion.
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Of all the prominent activist investors, the most successful is Nelson Peltz of Trian Partners, who has compiled a stunning track record of moving stocks higher - much higher. For instance, he's squeezed a 97% return out of Wendy's, and 77% out of Ingersoll-Rand. Now Peltz has a new target,
which for us means a fresh profit opportunity...
Score another victory for Carl Icahn.
With the Transocean LTD (NYSE: RIG) deal announced yesterday (Monday), Icahn has once again shown why he's considered a master among activist investors.
The concessions he won from the world's largest offshore rig contractor include a boost to Transocean's dividend from $2.24 to $3 a share, subject to approval at next year's annual general meeting.
Transocean management also agreed to support Icahn-backed director Samuel Merksamer's re-election to the board, as well as the election of another Icahn pick, Vincent Intrieri, at next year's meeting.
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Conditions just happen to be ideal right now for activist investing. That means a lot of stocks will be targeted - and a lot of share prices will get a jolt. You can get a piece of those gains for yourself, but you have to beat the likes of Carl Icahn to the punch. And the only way to do that is to identify potential targets before they do.
Sooner or later, an activist investor will target a stock you own, which almost always leads to months of uncertainty and volatility. Yet as bad as that sounds, there is often a silver lining for retail investors. Here's how to make the most of the situation...
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