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News Breaks | | | | November 20, 2012 | | 09:03 EDT |  | TIE, PCP | Titanium Metals files Schedule 14D-9 in connection with Precision tender
Titanium Metals (TIE) has filed a Schedule 14D-9 Solicitation/Recommendation Statement with the SEC in response to the previously announced all cash tender offer by Precision Castparts (PCP) for all of the outstanding common stock of TIMET for $16.50 per share in cash. The TIMET Board of Directors, based on the recommendation of a special committee of the Board consisting of independent directors, has recommended that stockholders accept the offer, which represents a premium of 36% over the 30-day average of TIMET shares and a 44% premium to the closing price of TIMET common stock on November 8. The Schedule 14D-9 Solicitation/Recommendation Statement explains in detail the factors considered by the Board of Directors and the special committee in reaching its recommendation. | |
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News For TIE;PCP From The Last 14 Days Check below for free stories on TIE;PCP the last two weeks. |
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| May 16, 2013 | | 09:35 EDT |  | PCP | Precision Castparts initiated with a Buy at Topeka
Target $255. | | | May 10, 2013 | | 09:18 EDT |  | PCP | Precision Castparts price target raised to $247 from $217 at Sterne Agee
Sterne Agee increased its price target on Precision Castparts after the company reported higher than expected Q4 EPS but lower than expected revenue. The firm thinks the results were strong and keeps a Buy rating on the stock. | | | May 9, 2013 | | 06:07 EDT |  | PCP | Precision Castparts reports Q4 EPS $2.82, consensus $2.76
Reports Q4 revenue $2.44B, consensus $2.51B. | | | May 8, 2013 | | 15:29 EDT | | PCP | Notable companies reporting before tomorrow's open
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