Illustration 19276996 / Dirk Erck / Dreamstime
Iillustration 19276996 / Dirk Erck / Dreamstime
Illustration 60886103 / Kheng Ho To /Dreamstime

Wall Street Journal report on ABB acquisition of T&B

Jan. 30, 2012
Wondering what Wall Street analysts think about this blockbuster deal? Check out this Wall Street Journal report. T&B stockholders have got to be pretty happy. According to the Business Wire release announcing the deal, "The acquisition price represents ...

Wondering what Wall Street analysts think about this blockbuster deal? Check out this Wall Street Journal report. T&B stockholders have got to be pretty happy. According to the Business Wire release announcing the deal, "The acquisition price represents a 24 percent premium to Thomas & Betts' closing stock price on Jan. 27, 2012 and a 35 percent premium to the volume weighted average stock price over the past 60 trading days."