Breaking News newswire

Tuesday, May 1, 2012

Imperial Sugar (NASDAQ:IPSU) Gains over 50% on Acquisition News: Sweet!

New York, NY - May 1, 2012 -, a global investor research portal for independent investors, issues a trading alert for this morning’s top percentage gainer on the, Imperial Sugar Co. (NasdaqGS: IPSU), trading at $6.37, up 2.32 (57.28%) 11:26AM EDT on over 4.7 Million shares.
Imperial Sugar Company (NASDAQ: IPSU) and Louis Dreyfus Commodities LLC today announced a definitive agreement under which a subsidiary of Louis Dreyfus Commodities LLC will acquire Imperial Sugar through a cash tender offer and second step merger at $6.35 per share. The $6.35 per share represents a 57% premium to Imperial Sugar’s closing stock price on April 30, 2012, the last trading day prior to today’s announcement, and a 50% premium to Imperial Sugar’s trailing 30-day volume weighted average stock price.
The news was followed by the usual responses from legal firms announcing their intention to investigate the acquisition. Newswire
Get Free investor news and stock alerts at
Join Investor Ideas Get 13 of the best stock directories online;
Research oil and gas stocks, gold stocks, water stocks, renewable energy stocks Join:
About is a leader in investor stock research by sector. Sectors we cover include; water and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, natural gas stocks, tech (includes cloud and social networking), defense stocks, nanotech,   China  stocks and agriculture.
Follow on Twitter!/Investorideas
Follow on Facebook
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
From time to time buys shares in companies it features. As a policy, does not short stocks
Post a Comment