Saturday, February 10, 2007

Keane buyout

Finally, Keane was bought out today. Buyout had become an even greater probability with the ex-CEO Brian Keane ousted as mentioned in my previous posts. I have been holding out Keane shares even when I expected the stock market to correct itself.. I am little disappointed at a price of less than 0.9 ttm revenue and 1.8 book value.

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