Benzinga’s Top Gainers (YRCW, MTG, AHD, LCC, SHS)
YRC Worldwide Inc. (NASDAQ: YRCW) has soared 28% to $1.14 on 12.31 million shares after it said it has satisfied requirements related to its previously announced debt-for-equity exchange offers that will allow the deal to proceed.
MGIC Investment Corp. (NYSE: MTG) has jumped 13% to $5.75 on 1.58 million shares. So far this year, MTG is up over 60%. The 52-week range for MTG is $0.70-$9.94.
Atlas Pipeline Holdings, L.P. (NYSE: AHD) shares climbed 19.20% to $5.96 on 703K shares after AHD upgraded by Citigroup from Sell to Hold.
US Airways Group, Inc. (NYSE: LCC) shares soared 10.22% to $5.07 on 9.90 million shares. So far this year, LCC is down over 34%. The 52-week range for LCC is $1.88-$9.70.
Sauer-Danfoss Inc. (NYSE: SHS) shares climbed 23% to $11.24 on 788K shares after announced today that, through its wholly owned subsidiary Danfoss Acquisition, Inc., it intends to launch a cash tender offer for all of the outstanding shares of Sauer-Danfoss common stock of not already owned by Danfoss and its subsidiaries. Danfoss and its subsidiaries currently own a stake of approximately 75.7% in Sauer-Danfoss. Danfoss intends to offer the public minority shareholders of Sauer-Danfoss $10.10 per share in cash, without interest and less any required withholding tax.
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