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RUE - RUE 21


JBird
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I was looking at that too. I suppose it might have been some type of arbitrage situation. Allan didn't have the position as of the end of June and it looks like the deal was announced in May.

 

http://blogs.wsj.com/moneybeat/2013/10/10/apax-partners-completes-takeover-of-rue21/

 

Also, not to steal the thunder of this thread, but what do you guys think of INWK? He bought a position in June but sold most of it by the end of Sept. Exceptionally timing on his part for sure. A couple weeks after the end of the quarter, it dropped like 40%.

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