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Will WX be Another BUD?


Ok, here is the lazy part. According to a Reuter’s article, shares of WuXi (WX) did not increase as much as the offer made by Charles River in today’s trading. The lazy part is the reporter did the math for me 🙂

The reasoning in the article was investor confidence that the deal would go through. I missed a huge profit on BUD when In Beverage bought them and BUD dropped for the same reason. Going to think about this one, now…

Cheap, Lazy Reference links: Yahoo! Finance, Wall Street Survivor, Motley Fool CAPS, TheStreet, Google Finance, MSN Money

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