IPOX Breaking News: OH-based Sandwich maker IPOX 100 U.S. (IPXO) portfolio holding AdvancePierre (APFH US) bought by Tyson Foods! / ETF in focus: FPX!
April 25th, 2017
Dear IPOX Subscriber,
IPOX is pleased to note this mornings buy-out announcement of OH-based sandwich maker and 07/2016 IPO AdvancePierre Foods (APFH US) by key U.S. consumer staple Tyson Foods (TSN US).
Terms include USD 40.25 cash for APFH, a ca. 10% premium to Monday’s closing price. Before today’s buy-out announcement, the stock had rallied +23.14% YTD.
APFH is a member of the 780 member-strong IPOX U.S. Composite Index (IPXC). The IPOX Indexes management team had also added the stock to its IPOX 100 U.S. Index (IPXO) at a price of USD 28.40 in December 2016.
The IPOX 100 U.S. Index (IPXO) serves as the underlying for a number of investment products, including the USD million 730, 5-star, 11-year old First Trust U.S. Equity Opportunities ETF (FPX US).
Call us or write to us to learn more about our innovative way to looking at the market.
The IPOX Team
IPOX Schuster LLC
225 West Washington, Suite 400
Chicago, IL 60606
(312) 827-3681 (office)
(312) 339-4114 (24/7 support)
THINK GROWTH - THINK IPOX.