AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Action Is Slow For Enterprise M&A But Advantages Exist Dearth of deals widens spread between stock price and takeover bids.(A)
Byline: PAUL KATZEFF
How many times have you heard managers say it? Stock price follows earnings.
So in an economy with slack earnings, the stock market stagnates.
But $73.8 million Enterprise Mergers & Acquisitions Fund looks for an additional share-price catalyst. The fund aims for takeover targets.
About 67% of the fund's assets are in announced deals. The balance is in firms the fund thinks are potential targets in the next 12-18 months.
That third involves stocks whose share price could rise due to conventional market support, says Paolo Vicinelli, an analyst for Mario Gabelli. Enterprise hired Gabelli Asset Management to run the fund. "Those stocks could be taken over," Vicinelli said. "But we're also trying to capture some market upside."
This year going into Monday, the fund returned -0.82% vs. -4.27% for the S&P 500.
- VICINELLI JOINS COUTTS & CO AG, NEW YORK BRANCH AS SENIOR VICE PRESIDENT
- Press release article from: PR Newswire March 4, 1996 700+ words
...today announced the appointment of Gaetano (Guy) R. Vicinelli as Senior Vice President of Coutts & Co AG, New York...York-based Client Relationship Management team." Mr. Vicinelli has spent the last 25 years with J.P. Morgan & Co...
- Gabelli Lathers Up with Shares of Dial Corp.(Mario Gabelli)
- Newspaper article from: Mergers & Acquisitions Report Roberts, Ricardo February 2, 2004 700+ words
...share since the deal announcement. Paolo Vicinelli, an analyst with Gabelli's arbitrage...situation. When asked about the 13D, Vicinelli said he could not speculate on the language...a dividend of nine cents per share. Vicinelli said the group likes the Dial acquisition...
- This M&A Year Is Bad for Arbs-But Still Better than Last.(merger arbitrage)
- Newspaper article from: Mergers & Acquisitions Report Cecil, Mark July 7, 2003 700+ words
...manager of The Arbitrage Fund, prefers smaller ones...fully invested. Larger funds are sitting on more...numbers provided by the funds themselves, TMF is...Management Inc.'s ABC fund is 64% cash, confirmed Paulo Vicinelli, an analyst at the...
- Saint Paul Pioneer Press, Minn., Investor's Eye Column.
- Newspaper article from: Knight Ridder/Tribune Business News March 14, 2004 700+ words
...says George Mairs of Mairs & Power Growth Fund in St. Paul, a fund that holds more Target stock than any other stock...completed more than 90 percent of the time, says Paolo Vicinelli, a fund manager for the Enterprise Mergers and Acquisitions...
- John Picchione. The New Avant-Garde in Italy. Theoretical Debate and Poetic...
- Magazine article from: Italica Cavatorta, Beppe March 22, 2007 700+ words
...tra i primi, oltre a Edoardo Cacciatore, Giuseppe Guglielmi, Adriano Spatola, Giorgio Celli, Corrado Costa, Patrizia Vicinelli e Giulia Niccolai, di Amelia Rosselli che, nonostante la forte resistenza della stessa, qualora la si volesse accostare...
- Counting on Growth.(Dean E. McQuiddy of Sawgrass Asset Management)(Brief...
- Magazine article from: Florida Trend Finotti, John May 1, 2001 700+ words
...money managers left to form Sawgrass Asset Management. The firm, which has made its mark from McQuiddy's small-cap growth fund, now manages $1.1 billion. Last year, MeQuiddy, 40, and his team turned in an impressive 20% gain, at a time when their...
- Mission Aborted.(Citrus canker detection from air)(Brief Article)
- Magazine article from: Florida Trend Vogel, Mike May 1, 2001 700+ words
...bad promise. But neither the industry nor the state wanted to fund further tests. Tim Schubert of the state's Division of Plant...the research because the state and citrus industry wouldn't fund it. Barnes says Galileo needs "in the low six figures" to...
- The KidCare Umbrella.(health care service for Florida children)(Brief Article)
- Magazine article from: Florida Trend May 1, 2001 700+ words
...comprehensive care. Assessment of coverage Excellent: The program covers 36,081 children through Medicaid, KidCare or state funds. Most parents quickly learn of the program from doctors or hospitals. That's one of the best programs of its kind in the...