By Steve Moore | Wednesday 31 July 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Invensys plc (ISYS), the FTSE-250 software, industrial automation and energy controls company whose shares, at 366p, I concluded on back in March looked to be a solid large-cap investment proposition with potential future takeover upside (see HERE) has today announced it is recommending a total 502p per share offer (372p in cash and 0.025955 shares) from France-headquartered multinational Schneider Electric. So should you sell in the market now?
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