Daily Archives: June 30, 2011

ECB Bancorp’s Cap-Raise & Rights Offering

ECB Bancorp has a market cap of $32 mm. ENGELHARD,N.C.–(BUSINESS WIRE)–ECB Bancorp, Inc. (NASDAQ:ECBE) (“ECB” or the “Company”), the parent company of East Carolina Bank (the “Bank”), announced today that it has entered into an agreement with certain institutional investors to issue $75 million in Company common stock in a private placement offering, subject to…

Icahn’s Initial 13D Filing on Oshkosh

(Oshkosh has a market cap of $2.6 billion and an EV of $3.3 billion; Icahn owns 9.51%) Item 4. Purpose of Transaction The Reporting Persons acquired the Shares in the belief that the shares were undervalued. The  Reporting Persons intend to seek to have conversations with management of  the  Issuer  to  discuss  enhancing  shareholder  value….