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Stock Market & Financial Investment News

News Breaks
October 22, 2012
12:50 EDTREXREX American Resources initiated with a Buy at Sidoti
News For REX From The Last 14 Days
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May 21, 2015
17:52 EDTREXCHS to acquire Patriot Holdings for $196M
REX American Resources (REX) reported that the board of Patriot Holdings has approved a merger agreement with a subsidiary of CHS (CHSCP) that would result in CHS acquiring 100% of the ownership interest in Patriot. With total merger consideration expected to approximate $196M, REX’s 26.6% interest in Patriot is expected to yield approximately $44M plus an additional amount of approximately $5M, assuming the full payment of escrow holdbacks. The closing of the merger is expected to occur on or about June 1.
07:17 EDTREXREX American Resources reports Q1 EPS 50c, two estimates $1.09
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