Acquisition strategy and a big swath of federal net operating tax-loss carryforwards, which could pay off for investors in Signature Group.
By David Englander
Last week, this column highlighted the opportunity present in the shares of Covanta Holding, pointing out that the waste-to-energy company (ticker: CVA) has long benefited from its association with investor Sam Zell.
Zell is well known for his success at turning around businesses, often becoming involved at the bottom. Investors usually have done well to tag along.