j*****h
发帖数: 3292 | 1 http://finance.yahoo.com/news/CEDC-shares-rise-Russian-apf-2644
NEW YORK (AP) -- Shares of Central European Distribution Corp., parent
company of vodka maker CEDC International, soared Thursday after Russian
Standard Corp. offered to boost its stake in the company.
CEDC shares jumped 93 cents, or 18 percent, to close at $6.04, after peaking
at $6.48 earlier in the day. It was one of the day's biggest gainers on the
Nasdaq stock market.
Mount Laurel, N.J.-based CEDC said its board received a letter from Russian
Standard, which is one of Russia's top makers of premium vodka and also owns
a bank, offering to acquire an additional 19.9 percent of the company's
outstanding shares through the issuing of new shares and to help it
restructure its debt.
In exchange, privately held Russian Standard would get the assets of Russian
spirits importer Roust Inc.
Russian Standard and its majority shareholder and chairman, Roustam Tariko,
together already own an about 9.9 percent stake in the company.
CEDC said it has taken part in preliminary discussions with Russian Standard
about a possible investment, but that no agreement has been reached. The
company said its board will evaluate the proposal and act in the best
interest of its shareholders.
The offer prompted Jefferies analyst Alex Howson to boost his rating for
CEDC to "Buy" from "Underperform" and more than quadruple his price target
to $6.80 from $1.50. He said that because the additional shares would be
newly issued, Russian Standard would end up with an about 25 percent stake
in the company.
"We take the view that Russian Standard is a highly credible investor and
that its involvement is game-changing for CEDC," Howson wrote in a note to
investors. "On this basis we expect an agreement in some form to be reached
between the two companies."
Since the beginning of this year, CEDC's shares have lost about 78 percent
of their value.
The analyst added that Russian Standard's expertise both in finance and
vodka makes it an "ideal investor" for CEDC. | j*****h
发帖数: 3292 | 2 开银行的+卖酒的来bailout 了
CEDC 原来最大的问题就是融资会出现问题，债务已经是junk了，equity再希的话，进
penny了， 现在来财神了
In exchange, privately held Russian Standard would get the assets of Russian
spirits importer Roust Inc.
这句啥意思？ 达人给解一下盘 | j*****h
发帖数: 3292 | |
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