|
|
|
|
|
|
StockCentral :: Community
|
|
Join in on the discussion with other like-minded investors in our community forums. Learn about the fundamental investing methodology and participate in educational workshops in the Investing forums, stay up-to-date on StockCentral news and make suggestions to the StockCentral team in Central Square, and discuss your favorite stock or recent market news in our A-Z ticker-based forums.
|
| Note: You must be a StockCentral subscriber and logged in to post messages. |
|
|
| Author |
Messages |
|
Lynn Brown
 |
| 02/15/2007 1:04 PM |
|
| One of our club members said she just read that TALX is being sold. Anyone have any insights about that? |
|
|
|
|
Joe Craig
Ellicott City, MD
StockCentral Administrator
|
| 02/15/2007 1:18 PM |
|
Yep!
One great way to research questions like this is by going to finance.yahoo.com or another financial site.
"Equifax Agrees to Buy Talx
A Wall Street Journal NEWS ROUNDUP
ATLANTA -- Credit reporting agency Equifax Inc. agreed to buy Talx Corp., which provides employment verification and related human-resources and payroll services, for about $1.21 billion in cash and stock."
|
|
Joe |
|
|
Lynn Brown
|
| 02/15/2007 1:36 PM |
|
| Thanks, Joe. I will indeed check it out. From what I read on iclub list, our club should evaluate the new company and then decide if we want to own that company. If not, sell TALX at the price they have all agreed it will be for the sale. Is that correct? Our club rarely has companies that we own that get sold. Darn, just when we were so excited that we had found a good small company, thanks to your ideas on this site. Lynn |
|
|
|
|
stephen phillips
|
| 02/15/2007 4:14 PM |
|
A portion of the release fron DJ:
"... (EFX) said about three quarters of the deal will be paid for with stock and the rest in cash. Talx (TALX) investors can choose to be paid $35.50 a share in cash, or accept 0.861 Equifax shares for each of their shares, or a combination.
The offer, which values Talx at roughly $36 a share, is prorated so that Equifax pays no more than 25% of the purchase price in cash. The stock portion of the deal will be tax-free for selling shareholders, Equifax added. Equifax will take on $191.5 million of Talx debt as part of the deal.
Equifax is one of the largest credit-reporting agencies in the U.S., competing with Experian and Trans Union. The company has branched into other areas in recent years and now offers credit-card marketing, fraud detection and credit risk consulting..."
So, what do we think about Equifax (EFX)?
|
|
|
|
|
|
| Note: You must be a StockCentral subscriber and logged in to post messages. |
|
|
|
ActiveForums 3.7
|
|