The Investment Reporter, in its May 17, 2013, issue, says tender Eacom Timber Corp., recently 36.5 cents. The Reporter has not previously recommended the stock; it said hold the stock on Dec. 9, 2011. Kelso & Company is planning to acquire the company; it has offered 38 cents for each Eacom share. Eacom has set up a special committee of independent directors as well as hired Canaccord Genuity and Sanabe & Associates to evaluate the offer. The financial advisers consider the offer "fair from a financial point of view." Eacom's management and major shareholders have agreed to tender their shares to the offer. This will give Kelso about 44 per cent of the company's shares. The offer initially expired on May 17, 2013, but Kelso has extended the offer to June 14, 2013. The Reporter recommends tendering your shares to the offer, since management knows the company better than anyone else.
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