4 Merger and Acquisitions Stock Stories for Midweek Perusal

Dell (NASDAQ:DELL): Current price $14.24

Quite recently, Value investing shop Southeastern Asset Management disclosed a letter it sent to Dell‘s “special committee” of its board of directors, which is overseeing the exploration of strategic alternatives, contending that the proxy statement issued by Dell a little over a week ago d0es not make the case for the proposed leveraged buyout of the company at $13.65 per share. Southeastern holds 8.4 percent of Dell’s stock, and argues that Dell is worth far more than the take-out price, calculated solely on its non-PC lines of business for enterprise tech.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

DELL

Hess Corporation (NYSE:HES): Current price $73.08

Last week Hess Corporation told investors that it would divest its Russian subsidiary to OAO Lukoil for $2.05 billion, shares moved to a 20-month high, as the anticipated sale proceeds more than doubled certain analysts’ estimates. But now, a bidder for the Russian oilfields says Hess could have done even better; a division of the energy producer NK Dulisma that operates in Russia, says its offer of $2.35 billion for the Hess fields was turned away. A spokesman for Hess declined to comment on the matter beyond saying it was “a successful sale.” In a letter to the losing bidder group after the deal was signed, Hess’s general counsel explained the decision to go with Lukoil was based on several reasons.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

HES

TripAdvisor (NASDAQ:TRIP):  Current price $49.18

On Tuesday, TripAdvisor reported it has purchased Jetsetter.com, a members-only private sale site for hotel bookings.  The Jetsetter brand will continue to operate out of New York City and will be integrated into Smarter Travel Media. Financials of the transaction will not be divulged.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

TRIP

Worthington Industries (NYSE: WOR): Current price $32.08

The firm announced that its Pressure Cylinders segment has bought Palmer Mfg. & Tank business,which makes steel and fiberglass tanks and processing equipment for the oil and gas industry, and custom-made fiberglass tanks for agricultural, chemical and general industrial applications. Palmer is located in Garden City, Kansas, and employs approximately 200 people.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

WOR

Don’t Miss: Should IBM Replace Alcoa as Earnings Season Indicator?