Genworth Holdings Special Situation: 3 Paths All Lead To High Yields And Deep Downside Protection
Updated: Jan 16, 2021
Originally published on August 20, 2020
Summary
A Special Situation created by the long delayed buyout of Genworth by China Oceanwide is recatalyzed by August events.
Possible outcomes include: 1) Closing of the deal by 9/30/20, 2) Extension of the deal deadline (for the 16th time), or 3) Collapse of the deal with GNW planning an IPO.
Any of these outcomes is very likely to add share value, increasing shares' value anywhere from $0.50 to $2.95 (.20.16% to.119%) above the current $2.48 within the coming 10 months.
