Thursday, November 02, 2006

Hit #122 (Clark)

Compensation and employee benefits consulting company Clark (CLK) is being acquired by Aegon, the Dutch insurer for $293 million in cash. The offer translates to $16.55/share, a premium of 13.7% over my average cost per share of $14.55.

Another sector company to keep an eye on is Heidrick & Struggles (HSII). I do not own any shares, but will be watching to buy on deep pullbacks.

Previous hit - Mid-State Bank (#121)


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