Investing Journey bought Shaw Communications to bet on Rogers Communication’s takeover bid going through. Shaw’s stock price is currently trading at a discount to the price offered by Rogers and will deliver a gain of nearly 14% when the deal closes. Given the bid could take 3 to 6 months to finalize, the annualized gain will range between 28% to 56% .
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Investing in the shadow of bear markets
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Investing Journey bought Shaw Communications to bet on Rogers Communication’s takeover bid going through. Shaw’s stock price is currently trading at a discount to the price offered by Rogers and will deliver a gain of nearly 14% when the deal closes. Given the bid could take 3 to 6 months to finalize, the annualized gain will range between 28% to 56% .