Buyout Imminent

The market has changed.

For the next three years every company that has wanted to merge or sell themselves to a competitor will do it.

The regulators have given capitalists a greenlight to do deals.

I haven’t seen this many event driven deals in a long-time.

Given the mergers and acquisitions backdrop, I have now been almost exclusively focused on finding event driven ideas.

Today I am writing about one of my favorite event driven opportunities.

Management is intent on selling the business.

There is a clear buyer with capital ready to deploy.

Rumors have been circling that bankers have been hired.

Huge upside if a deal happens — which I think is imminent.

Low downside if nothing transpires as the free cash flow yield is double digits.

Let’s dig in…