Q: Pat, what do you think of Empire Company? Thank you.

A: Empire Company Ltd., $40.37, symbol EMP.A on Toronto (Shares outstanding: 238.5 million; Market cap: $9.7 billion; www.empireco.ca), is primarily a food retailer and also invests in real estate.

The company operates through two segments: Food retailing, and Investments and other operations.

Empire’s Food retailing segment does… Read More

Spinoffs & Takeovers Hotline – Friday, October 18, 2024

MODINE MANUFACTURING CO., $132.79, symbol MOD on New York, provides thermal management products and solutions to customers in the commercial, industrial, and building heating, ventilating, air conditioning, and refrigeration (“HVAC&R”) markets. In addition, it provides engineered heat transfer systems and high-quality heat transfer components.

In the… Read More