Wouldn't surprise me that we will be seeing more and more takeovers from Overseas Corporations, maybe UGL will be next for the services industry or Programmed, anyones guess.
The cheap money that Uncle Sam (USD) and the ECB for Euro has been printing has to be spent somewhere.
In any case with the exception of our banks and mining companies being quite large and expensive for a takeover, seems most of Med to Large companies seem to be fair game of late.
BRS Price at posting:
$1.50 Sentiment: Sell Disclosure: Not Held