Stock Tickers: CL, NWS, TYC, C, MET, GLW, WM
This week 24/7 Wall St. featured many names that fall within the realmof larger private equity screens as far as potential break-up stocks.That does not mean that they WILL be broken apart or that the companiesare certain candidates, but this is one of many screens that firmsrun. As with ANY 'value' or 'screen' there is a matter of opinion andnot everyone will share the same opinion. We also have the methodology posted at the end. Here is the first half of the list:
24/7 Wall St. break-up value for Colgate (CL): $70.00; stock price was $67.00 at the time.
24/7 Wall St. break-up value for News Corp (NWS): $25.00; stock price was $25.00 at the time.
We also ran a piece about how much of the perceived extra value in Tyco(TYC) was already starting to look like it was priced in ahead of thecompany earnings.
24/7 Wall St. break-up value for Citigroup (C): $65.00; stock price was $54.75 at the time.
24/7 Wall St. break-up value for Met Life (MET): $79.00; stock price was $63.00 at the time.
24/7 Wall St. break-up value for Corning (GLW): $35.00; stock price was $21.00 at the time.
24/7 Wall St. break-up value for Washington Mutual (WM): $59.00; stock price was $45.50 at the time