Wednesday, March 4, 2009

ARC hit $3.50 per share today, hmmm....

In 2007, ARC acquired 19 businesses for $146.3 million.

Today, March 4th, ARC’s stock price hit $3.50 per share and, at that price, ARC’s “market cap” (total market value) is around $160 million.

Considering the fact that ARC has completed significantly more acquisitions than just 19, and has been acquiring companies for years, it is a stunning statistic, I think, that one can now buy ARC for not much more than ARC paid for just its 2007 acquisitions.

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