February 2010: FirstEnergy Buying Allegheny Energy
Stock: Allegheny Energy
Symbol: AYE
Buyout Terms: FirstEnergy (FE) is paying 0.667 shares of its stock for each AYE share
Est. Closing Date: March 31, 2011
Today’s date: February 11th
Today’s price: $23.60
Projections:
$/% Gain: $2.87/12.17%
Time frame: 12-14 months
Annualized return: +11.2%