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Jeremy Richards



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Bank robber gets 4 years

Grubbs’ attorney, Jeremy Richards, said the bank robbery was “completely out of character” for Grubbs. Grubbs told the judge that he’d started doing drugs for the first time just before the June 16 robbery of the Greater Cincinnati Credit Union in the 4000 block of Edwards Road.

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Atmel: Merger Arbitrage Opportunity Par Excellence

Jeremy Richards submits: The Offer On Wednesday, October 1, ON Semi (ONNN) and Microchip Technology (MCHP) sent a letter to Atmel (ATML) outlining their all-cash $5 a share bid, which is led by Microchip and represents over a 50% premium to Atmel's closing price of $3.36 on Friday, Oct. 25. The acquisition would be financed in part by the sale of Atmel's nonvolatile memory and radio...

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Blockbuster: Massively Undervalued

Jeremy Richards submits: Blockbuster (BBI) looks massively undervalued. The current share price of $1.15 doesn't reflect the fair value. BBI is trading at a forward PE of 3.5 which is 4 x less than the average P/E of the S&P500. BBI trades at less than 1/2 its book value of $2.69 and the price to sales ratio is amazingly low at only 0.05. Competitor Netflix (NFLX) is trading at almost...