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Barron's Options point to Takeover Targets
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06.09.07Views:
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From Barron's 6-11-07:"Talking smack and drinking beer. They're good ways to waste time, and Wall Street thinks it may have discovered how to make them profitable. Last week, Pershing Square Capital Management, which buys big stock interests in moribund companies and browbeats management into making decisions that increase the stock price, let leak that it was raising a $2 billion war chest to buy a controlling interest in an unidentified company with a market capitalization of $30 billion to $40 billion."
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