Gamestop CEO Buys Shares And Continued Market Turmoil - The Special Situations Report Episode #14

There were two mistakes made during the recording of this podcast and our corrections are as follows:

• At 10:41, we mistakenly say Gen Digital’s stock price closed at $84.41. However, we instead meant to say that MoneyLion’s stock price closed at $85.41.
• At 16:12, we mistakenly note that Broadcom’s stock price is up 117% in the last five years when in reality it is up by roughly 580%.

Summary:

In this episode of the Special Situations Report, hosts Asif and Tamanna Suria discuss the latest developments in the event-driven investing world, focusing on M&A activity, stock buybacks, insider trading, spinoffs, and significant management changes. They once again revisit the US Steel and Nippon Steel deal, diving deep into the various updates and news reports that were released this week and how the deal’s spread has changed over time. Asif and Tamanna also discuss contingent value rights in mergers and acquisitions, with a particular focus on the unique CVR in the GenDigital and MoneyLion acquisition. The episode then highlights the unusual surge in insider buying following the recent market weakness, and features key insider transactions at Sinclair and Gamestop. The episode concludes with a look at a few important C-Suite transitions, at companies including Harley-Davidson and CVS.

Keywords:

M&A, tariffs, merger arbitrage, contingent value rights, CVRs, poison pills, hostile acquisitions, insider buying, insider sales, buybacks, C-suite transitions, spinoffs, activists, failed mergers, management transitions, special situations, event-driven investing, markets, stocks