04/17/2024 – 3M Company (MMM)

Attention, those of you who own 3M Company (MMM): MMM has completed a spinoff of a new company, Solventum Corporation (SOLV). More information on this spinoff can be found here. As part of the spinoff, holders of MMM stock will receive one share of SOLV for every four shares of MMM owned on the date of record, March 18th 2024. …

01/18/2024 – Chico’s FAS, Inc. (CHS)

Attention, those of you who own Chico’s FAS, Inc. (CHS): CHS has been acquired by Sycamore Partners. The acquisition includes a buyout of $7.60 per share for all outstanding shares of CHS. The transaction was completed on 1/8/2024; on that date, your shares of CHS were removed from your account and you will have received payment in the amount of …

01/17/2024 – DISH Network Corp. (DISH)

Attention, those of you who own DISH Network Corp. (DISH); DISH has completed a merger with Echostar Corporation (SATS). More information on the merger can be found here. The merger includes a trade of 0.35 shares of SATS for every 1 share of DISH previously owned. As a result, some alterations need to be made to your Snider Investment Method …

01/17/2024 – Juniper Networks, Inc. (JNPR)

Attention, those of you who own Juniper Networks, Inc. (JNPR): JNPR is the target of an acquisition by Hewlett Packard Enterprise Company (HPE). The proposed acquisition includes a buyout of $40 per share for all outstanding shares of JNPR. Because of this proposed acquisition, you should sell your shares of JNPR and transmogrify on Trade Day, if necessary. If the …

01/17/2024 – Flex Ltd. (FLEX)

Attention, those of you who own Flex Ltd. (FLEX):  FLEX has completed a spinoff of a new company, Nextracker Inc. (NXT). More information on the spin-off can be found here. As part of this spinoff,  holders of FLEX stock will receive 0.17 shares of NXT for every 1 share of FLEX owned on the date of record, December 29th, 2023. Please …

10/18/2023 – NCR Corp (NCR)

Attention, those of you who own NCR Corp (NCR): NCR has undergone a name and symbol change to NCR Voyix Corp (VYX). All outstanding shares of NCR have been replaced with shares of VYX, and all outstanding NCR options have been replaced with corresponding VYX options. Along with this name and symbol change, NCR has also announced a spin-off of …

09/13/2023 – Express, Inc. (EXPR)

Attention, those of you who own Express, Inc. (EXPR): EXPR has enacted a 1 for 20 reverse stock split. As a result, some alterations need to be made to your Snider Investment Method worksheets. Lattco PRO & Lattco AutoPilot clients: the adjustments have been made for you and should be reflected in your account by next Trade Day. We’re here to help! If …

07/19/2023 – BorgWarner Inc. (BWA)

Attention, those of you who own BorgWarner Inc. (BWA): BWA has announced a spin-off of Phinia Inc. (PHIN). Owners of BWA will receive 20 shares of PHIN for every 100 shares of BWA that they owned as of the close of business on the date of record, July 3, 2023. Owners of BWA should receive the shares of PHIN to …

04/27/2023 – Bed Bath & Beyond Inc (BBBY)

Attention, those of you who own Bed Bath & Beyond Inc. (BBBY): BBBY has filed for Chapter 11 bankruptcy. This will likely leave the stock price with little or no value in the future. At this time we recommend selling your shares on Trade Day and recognizing the loss in the Snider Investment Method®. We recommend these steps to close …

04/18/2023 – Black Knight Inc. (BKI)

Attention, those of you who own Black Knight Inc. (BKI): you likely received correspondence related to a proposed merger between BKI and Intercontinental Exchange, Inc. (ICE). There are a number of shareholder and regulatory hurdles that this proposed merger will need to address before it is agreed upon or completed. For this reason, we are recommending that you take no …