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Live Updating

Timothy Smith Free

07/13/17 2:24 PM

Post #4

Re: #3: @eFinanceMarkets - OCI Partners -5.5% as OCI N.V. ends merger negotiations

Starting to look more attractive.

eFinanceMarkets Free

04/17/17 3:16 PM

Post #3

Re: #2: @Timothy Smith - OCI Partners (NYSE:OCIP): Q1 Net Income of $0.9M. Revenue

OCI Partners -5.5% as OCI N.V. ends merger negotiations

OCI Partners (OCIP -5.5%) plunges after announcing that OCI N.V. (OTC:OCINF) terminated negotiations to acquire the company.

In December, OCI had proposed an exchange ratio of 0.52 OCI N.V. shares for each OCIP unit, and OCI N.V. would have offered 9.1M newly issued shares at ~$7.80/unit, as part of a merger deal.

Ctigroup downgraded OCIP to Sell from Neutral on the news.