When looking for investments, what you will ideally be looking for is an asymmetrical ratio of risk and reward. Indeed, one of the core thesis of investing is to buy the dollar for less than a dollar.
In this article, I would like to explore a special situation caused by an interest of institutional investor to acquire the Synalloy corporation. The aim of this article is to determine whether this opportunity falls into the category "Heads I win. Tails I do not lose much."
Company background
Headquartered in Richmond, Virginia, Synalloy is a cyclical business,