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Real-Money Stock Picks / Jim Royal


Subject:  BAM buys OAK Date:  4/12/2019  8:29 PM
Author:  srockaz Number:  4566 of 4753

About a month ago. Too busy to read everything...

It's a quick read, but per the article:

12% premium
BAM will own 62% of OAK
Rest of OAK owned by by founders & employees
OAK shareholders have the option of cash or shares in BAM

I'm not sure how to look at this strategically. Do the firms think this a hedge against an economic downturn? I saw a seeking alpha blurb about their income streams help offset the other.

No BAM or OAK position
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