Cohen & Steers Tax-Adv Pref Secs and Inc Fund V.PTA

Primary Symbol: PTA

The Funds primary investment objective is high current income. The Funds secondary investment objective is capital appreciation The Fund seeks to achieve its investment objectives by investing at least 80% of its managed assets (i.e., net assets plus assets obtained through leverage) in a portfolio of preferred and other income securities issued by U.S. and non-U.S. companies, which may be either exchange-traded or available over-the-counter. In pursuing its investment objectives, the Fund seeks to achieve favorable after-tax returns for its shareholders by seeking to minimize the U.S. federal income tax consequences on income generated by the Fund. There can be no assurance that the Fund will achieve its investment objectives.

NYSE:PTA - Post by User

Cohen & Steers Tax-Adv Pref Secs and Inc Fund > PTA's stock rises higher than the acquisition price - C$1.33

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Comment by perdikaoilgason Nov 25, 2015 11:12am

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Post# 24323954

RE:RE:PTA's stock rises higher than the acquisition price - C$1.33

InvestLargeC wrote:

perdikaoilgas wrote: Don't be surprised if PTA's stock exceeds the acquisition offer of C$1.33 next week. It has happened already with other firms several times. Last time it happened was with ANGI last week, see below. We might hear some news about PTA from a privately-held North American energy firm/fund next week.

Angie's List now 12% above IAC's offer price; HomeAdvisor partners with Google

Nov 13 2015, 14:31 ET | About:Angie's List, Inc. (ANGI) | By:Eric Jhonsa, SA News Editor

Following today's rally, Angie's List (ANGI+8.8%) is well above the $8.75/share buyout offer price InterActiveCorp (IACI+0.2%) disclosed on Wednesday afternoon, as markets bet IAC's offer will simply prove an opening bid.

IAC, whose equity value is tied in large part to soon-to-be-public Match Group, hasn't moved much since the offer was disclosed. Reactions to the bid have mostly been positive, with analysts trumpeting cost synergies between Angie's List and IAC's HomeAdvisor unit and the potential for lower marketing spend post-merger.

Cowen notes Angie's HomeAdvisor would have a combined network of 140K service professionals, and claimed 14.4M unique visitors in September (far above the 3.6M claimed by rival Thumbtack). It also thinks the sales productivity improvements recently achieved by HomeAdvisor can be transferred over to Angie's List.

Separately, HomeAdvisor has announced a deal with Google to allow consumers to book appointments with pre-screened HomeAdvisor professionals via Google Places business listings (used by Google Maps and Google+). HomeAdvisor states it's the "first and only" home services marketplace to be integrated with Places.

Angie's List (ANGI) Stock Continues to Climb After Acquisition Offer

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NEW YORK (TheStreet) -- Angie's List(ANGI) shares are up by 9.25% to $9.80 in afternoon trading on Friday, as the company continues to benefit from reports that the online retail review site received a buyout offer from IAC/InterActiveCorp (IACI).

The media and internet company which owns Investopedia offered to acquire all of Angie's List's outstanding stock for $8.75 per share.

The deal values Angie's List at about $512 million.

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IAC said that it made the bid public after Angie's List failed to engage in dialogue with the company.

Angie's List stock shot up over 10% in Thursday's session after the news of the bid went public.

Very good point, thanks.

As forecasted. See the stock performance today. It just started.

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