LBO

Harbin Electric Closer to LBO

Published on Thu, 07/14/2011 - 13:22
By FNNO Staff in General Interest, LBO, business, comtex, hrbn, income, investment, market, news, shares, smartrend, stocks, trade, update, News Update

The firm states the company needs to resolve its litigations before closing the transaction, which it believes, will close by the end of the year also that any major gap between the share and LBO price produces a buying opportunit

Harbin Electric has a potential upside of 35.7% based on a current price of $17.69 and an average consensus analyst price target of $24.

business, comtex, hrbn, income, investment, market, news, shares, smartrend, stocks, trade, update

Maxim Group said that Harbin Electric (NASAQ:HRBN) has filed all necessary SEC documents regarding its LBO and noted its advisors have conducted their own due diligence.

By FNNO Staff
fnnonline@gmail.com

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