Spinoffs & Takeovers Hotline – Friday, November 19, 2021

OPEN TEXT CORP., $65.99, symbol OTEX on Toronto, develops, markets, licenses and supports collaboration and enterprise-information-management software for corporate clients. That software finds, stores and distributes information across corporate intranet and extranet networks as well as the broader Internet.

The company sells its products and services… Read More

Risks ahead for investors in cannabis funds

When we last wrote about cannabis companies and ETFs in mid-2018, Canada was about to become the second country in the world to legalize recreational marijuana.
In the months to follow, investor enthusiasm propelled stock prices to very high valuations in relation to their market caps… Read More

Dividend increase: Thomson Reuters

THOMSON REUTERS CORP. $68 (Toronto symbol TRI; Conservative Growth Dividend Payer Portfolio, Consumer sector; Shares o/s: 505.0 million; Market cap: $34.3 billion; Divd yield: 2.7%; Dividend Sustainability Rating: Highest; www.thomsonreuters.com) recently sold 55% of its Financial & Risk (F&R) business to a consortium led by Blackstone Group LP… Read More

Here’s our top spinoff pick for 2019

We first recommended Lamb Weston as a spinoff buy at $47 in our first issue of TSI Spinoffs, Takeovers and Special Situations. Since then—October 2017—the stock has risen 49%.
We feel Lamb Weston has more gains ahead as it continues to expand sales and profits. The company’s high… Read More