Sell ADT

ADT (41.93) With the looming buyout from Apollo Group almost near, the price is .2% from it buyout price of $42.00.  Considering that fee would be charged for a reorganization fee that is exorbitant higher than a normal commission, I’m exiting the position at this time, forgoing any additional gains when the transaction is complete.

Review:

Purchased: 34.50, 8/25/15

Sold: 41.93

Gain: $7.43 (21.5%)

 

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