Home | Business News | Browse by Publication | M | M2 Presswire

Cavalier Homes, Inc. (NYSE Amex: CAV) Xtreme picks of the day!

Publication: M2 Presswire
Publication Date: 15-JUN-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-15 June 2009-xtremepicks.com: Cavalier Homes, Inc. (NYSE Amex: CAV) Xtreme picks of the day!(C)1994-2009 M2 COMMUNICATIONS

RDATE:15062009

The team at Xtremepicks.com scans the US and Canadian markets looking for microcap companies which show promise and have unique niches and opportunities. We look at all sectors to provide investors with the best investment opportunities in search of the next multi-bagger. Join Now!

Today's news alerts include: Cavalier Homes Signs Definitive Agreement to Be Acquired by Southern Energy Homes

ADDISON, Ala., Jun 15, 2009 -- Cavalier Homes, Inc. (NYSE Amex: CAV) today announced that its Board of Directors has entered into a definitive merger agreement for the Company to be acquired by Addison, Alabama-based Southern Energy Homes, Inc. Terms of the agreement call for the payment of $2.75 cash for each outstanding share of common stock. Southern Energy Homes, Inc., a wholly owned subsidiary of Clayton Homes, is the industry leader in producing top-quality, customizable homes.

"The agreed share price represents a 23% premium over Friday's closing stock price in an all-cash offer to acquire Cavalier...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from M2 Presswire
eBay Inc. (Nasdaq:EBAY) We have picks that move!, June 15, 2009
Confectionery in Greece - Credit Crunch Yet To Take Its Toll., June 15, 2009
Synopsys, Inc. (Nasdaq: SNPS) We have picks that move!, June 15, 2009
Scientific Games (Nasdaq: SGMS) We have picks that move!, June 15, 2009
ShengdaTech, Inc. (Nasdaq: SDTH) We have picks that move!, June 15, 2009

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.