7 Out of 10 for the footnoted Takeover List

My friend Michelle Leder is so gangsta.  I’ve been keeping tabs on the footnoted list of potential takeover targets.  They’ve got a proprietary set of data points they pull from corporate filings to come up with this list, it’s all very brilliant.  And yesterday, when word came out that Lawson Software (LWSN) had a bid, footnoted’s track record became 7 out of 10 left (weird way of phrasing it, they are 3 out of 10 on deals, oh well, whatever)…

From footnoted:

Back on Jan. 14, we sent FootnotedPro subscribers a list with our Top 10 M&A picks for 2011. Earlier today, the news crossed our inboxes that yet another company on that list — Lawson Software (LWSN) was in fact being acquired in a $2 billion deal. While a deal for Lawson had been expected for the past two months (ever since Reuters broke a story that the company had hired Barclays Capital to explore a possible sale) and news of the pending deal leaked out yesterday via a cached news release that was picked up by the Wall Street Journal, it was not a done deal until this morning.

Here’s the list of who’s left from my archives, s’il vous plait:

• Abiomed ($ABMD)
  
• Copano Energy ($CPNO)
  
• Infinera ($INFN)
  
• Leap Wireless ($LEAP)
  
• LKQ Corp. ($LKQX)
  
• Select Medical Holdings ($SEM)
  
• Stage Stores ($SSI)

http://thereformedbroker.com/2011/02/09/footnoted-has-the-hottest-hand-foot/