William Blair Downgrades WABCO Holdings (WBC) to Market Perform; Another Bidder Unlikely
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William Blair analyst Lawrence De Maria downgraded WABCO Holdings (NYSE: WBC) from Outperform to Market Perform following proxy and first-quarter earnings,
The analyst notes, "According to the proxy, Wabco and its bankers exhausted other potential buyers for the company and therefore it is unlikely that another buyer emerges."
Shares of WABCO Holdings closed at $133.22 yesterday.
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Create E-mail Alert Related CategoriesAnalyst Comments, Downgrades, Mergers and Acquisitions, Rumors
Related EntitiesWilliam Blair, Earnings
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