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URL:
http://boards.fool.com/takeover-speculation-10020380.aspx
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| Subject: Takeover speculation | Date: 8/12/1997 6:36 PM | |
| Author: jcondon | Number: 1 of 5 | |
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Numerous press reports indicate that Quick&Reilly Group (BQR) have retained investment banking advisors to market the company. Likely candidates mentioned have been Southeast bank groups (BQR is headquartered in Florida). A deal price of $1.5 billion seems conservative, given BQR's profit margins and lack of debt. This would translate into a share price of at least $40. Stock closed today at $31.69 |
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