The split ratio will be 2 shares of Equifax for every one share of Certegy. This is in line with the industry average. Also, BRCD would experience margin pressure if the product takes off, because it is lower margin. Also, the top commercial payers are lining up behind the company. The company also has strong EPS power.
Company continues to sign reasonable contracts with an eye on expenses.
Company's EPS power is significant as well. The company, which develops high-energy fuel cells, plans to use proceeds from the offering to expand manufacturing equipment and facilities to support commercialization activities, and for general corporate purposes. Information contained herein has been derived from sources believed to be reliable but is not guaranteed as to accuracy and does not purport to be a complete analysis of the security, company or industry involved. This report is not to be construed as an offer to sell or a solicitation of an offer to buy any security. The Robinson-Humphrey Company, LLC. or one or more of its officers or employees may have positions in any securities or options.