Today, The Bowser Report issued a daily mover alert on
Liberator Medical Holdings (LMBH), which gained 10% or more today.
It is very evident why LBMH closed up almost $0.70 per share
on huge volume: the company agreed to be bought out by C.R. Bard for $181
million, or $3.35 per share. Thus, the increase to just below that price
($3.34).
Of course, the buy out is still subject to shareholder
approval, satisfaction of customary closing conditions and the receipt of
regulatory approvals, but the deal is expected to close in the first quarter of
2016.
To learn more about The Bowser Report, visit
https://thebowserreport.com
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