LD Micro Small-Cap Activity for the Last Week of August: Index Ends Week Up, Real Estate Firm and Pharma Company Clinch Huge Investment Deals
From Chris Lahiji comes a new summary of the LD Micro newsletter covering microcap activity during the last week of August (August 26-September 1). The newsletter mentions that the LD Micro Index finished the week up by one percent, showing a stronger performance than the nation’s other indices. The week before the Labor Day holiday was a huge one for commercial real estate data provider Reis, Inc. (REIS), an LD Micro Index component, who announced a $258 million merger with Moody’s Corporation (MCO). Moody’s is paying $23 cash per share, significantly higher than Reis’ $17.35 price before the announcement went…







