It's Friday. That means it's time for another edition of the amazing Special Situation Investing News. Technology is amazing. At various points this summer I will be reporting on special situations from my cabin in Medicine Bow National Forest, Wyoming. I remember years ago when it didn't even have a telephone, now I can access news from all over the globe while sitting in the middle of the woods. It's really mind-boggling if one thinks about it. Without further adieu, here's the the news. Enjoy! Spinoffs Yum dismisses activist investors’ urge to spin off China business http://nrn.com/international/yum-dismisses-activis... Hertz +18% Hertz Completes Financial Restatement; Provides 2015 Business Outlook http://finance.yahoo.com/news/hertz-completes-fina... Is It A Dog? A Diamond In The Rough? Wall Street Weighs In On DuPont’s Chemours Spinoff http://www.stockspinoffs.com/2015/07/15/is-it-a-do... DuPont Spinoff Chemours Seen Testing Dividend Pledge http://www.bloomberg.com/news/articles/2015-07-14/... PlentyOfFish Bolsters IACI's Match Group for Enticing Spin-Off http://www.thestreet.com/story/13218354/1/plentyof... https://twitter.com/search?q=%24BKS&src=ctag!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); spinoff Barnes & Noble Education final prospectus https://www.sec.gov/Archives/edgar/data/1634117/00... https://twitter.com/search?q=%24VTR&src=ctag!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); files form 10 for skilled nursing spinco Care Capital Properties http://www.sec.gov/Archives/edgar/data/1639947/000... PayPal to join S&P 500, replace eBay in S&P 100 http://www.marketwatch.com/story/paypal-to-join-sp... Needham & Company Reiterates Buy on JDS Uniphase (JDSU) Ahead of Lumentum Spin Off http://www.streetinsider.com/Analyst+Comments/Need...+Ahead+of+Lumentum+Spin+Off/10718468.html Computer Sciences (CSC) Files Form 10 For Expected Spin-Off http://www.streetinsider.com/Corporate+News/Comput...+Files+Form+10+For+Expected+Spin-Off/10719451.html https://twitter.com/search?q=%24KN&src=ctag!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); Talk about a crummy spinoff. FBR Capital Maintains an Underperform Rating on Knowles Corp. http://www.markets.co/fbr-capital-maintains-an-und... IACI: The Match Group Spin-Off Preliminary Bullish Thesis http://seekingalpha.com/article/3320815-iaci-the-m... TriMas Spinoff Plans On Broadening Horizon Via M&A http://www.stockspinoffs.com/2015/07/14/trimas-spi... The Hows and Whys Behind Spinoffs Such Deals Can Unlock Value for Investors, but They Offer Little Margin for Error http://www.wsj.com/articles/the-hows-and-whys-behi... Sears just sold its last asset that had any real value. Trouble ahead? http://thedealnewsroom.tumblr.com/post/12363681112... Where Fortress is Taking its Pure-Play Senior Housing REIT Next http://seniorhousingnews.com/2015/07/09/why-senior... . Activist Investors Release the Kraken! Activist Investors May Finally Unlock the Hidden Value at LSB Industries http://tmfdeej.whotrades.com/blog/43142341483 Successful Activist Investor Starboard Value Announces Position in Macy's http://tmfdeej.whotrades.com/blog/43013784476 Once Again Bill Ackman Pitches Fannie & Freddie http://tmfdeej.whotrades.com/blog/43937228066 Monetizing Real Estate: A Fund Favorite at Delivering Alpha http://www.institutionalinvestor.com/article/34718... Precision Castparts: Underrated Activist Owned Stock http://seekingalpha.com/article/3329535-precision-... Remy International Sale To BorgWarner A Quiet Win For Activist Fund H Partners http://www.forbes.com/sites/antoinegara/2015/07/13... Activist Sandell Not The Only Hedge Fund In Ethan Allen http://seekingalpha.com/article/3329585-activist-s... Investment Firm Oxford Park Buys More Than 5% Stake in Extendicare http://www.wsj.com/articles/investment-firm-oxford... AGCO: Quiet Activist Targets A Quiet Company http://seekingalpha.com/article/3324355-agco-quiet... Delivering Alpha: In 'golden age' for activists, 12 firms to watch http://www.cnbc.com/2015/07/14/delivering-alpha-in... Charles Frischer Discloses Activist Stake in Newcastle http://www.oozingalpha.com/charles-frischer-disclo... Pacer International And Becker Darpkin [case study] http://activiststocks.com/blog/pacer-becker-drapki... Pentair: Activist Investor Nelson Peltz Pushes For Consolidation http://seekingalpha.com/article/3317935-pentair-ac... Activists descend on Internap, pressure sale amid data-center consolidation http://thedealnewsroom.tumblr.com/post/12303177353... Blue Harbour Eyes https://twitter.com/search?q=%24AGCO&src=ctag!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");, Discovery Stirs Up Internap Plus eight other SEC filings by big investors. http://online.barrons.com/articles/blue-harbour-bu... . SPACs Special Situation Revisited: Nomad Foods Resumes Trading, Enabling Investors to Hop on This Potential Compounding Machine http://tmfdeej.whotrades.com/blog/43306817354 . Liquidations Change is Good. It Often Creates Temporary Gaps Between Price & Value That Can Be Profited From http://tmfdeej.whotrades.com/blog/43150526754 . Whale Watching The Fall of a Super Investor and What Can Be Done to Right the Ship http://tmfdeej.whotrades.com/blog/43594313111 Delivering Alpha Conference Notes: Richard Perry, Eric Mindich, Bill Ackman, Nelson Peltz, Jeff Smith & More http://www.marketfolly.com/2015/07/delivering-alph...&m=1 Horizon Kinetics Q2 Letter to Investors http://www.horizonkinetics.com/docs/Q2%202015%20Co... Greenwood Investors Second Quarter Letter to Investors http://www.gwinvestors.com/wp-content/uploads/2015... Cable Car Capital Q2 Letter to Investors http://www.cablecarcapital.com/Cable_Car_Q2_2015.p... Up 482% and having never lost money, this hedge fund now likes energy and Cayman beaches http://www.bloomberg.com/news/articles/2015-07-16/... Who's right on Netflix: Goldman Sachs or David Einhorn? http://www.usatoday.com/story/money/2015/07/14/who... Investing legend Gabelli bullish on media firm » http://www.cnbc.com/2015/07/14/investing-legend-ga... Martin Franklin Adds 2 More Deals to a Long List http://www.nytimes.com/2015/07/14/business/dealboo... Sell In May And Go Away Might Just Work For Whitney Tilson http://www.valuewalk.com/2015/07/whitney-tilson-re... . NOLs ALJ Regional Holdings: A Nice Acquisition, But Don't Expect Any More http://seekingalpha.com/article/3325215-alj-region... . Thrift Conversions aka Demutualizations Oconee Federal Financial - Well Capitalized And Profitable Bank Trading At A Large Discount To Intrinsic Value http://seekingalpha.com/article/3329985-oconee-fed... . Undervalued REITs CorEnergy Executes The Most Accretive REIT Transaction Of 2015 http://seekingalpha.com/article/3321975-corenergy-... . Economics / Markets China Market a Bad Casino, Hedge Fund Managers Say http://www.wsj.com/articles/china-market-a-bad-cas... Meredith Whitney was Right - Just way too Early https://www.hvst.com/posts/45708-meredith-whitney-... Don't always agree with Krugman, but he's spot on about Fed. Fed Is Going to Be Wrong When It Eventually Raises Rates http://www.bloomberg.com/news/articles/2015-07-14/... Twitter takeover hoax: How did it happen? http://www.cnbc.com/2015/07/15/bloomberg-twitter-h... China’s $23B Micron bid is far too low to succeed http://www.marketwatch.com/story/chinas-23b-micron... Another oldie value investors' stock https://twitter.com/search?q=%24BAMM&src=ctag!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); is going private @ $3.25/share +19% http://finance.yahoo.com/news/books-million-takes-... Big Investors Are Holding the Highest Amount of Cash Since Lehman's Collapse http://www.bloomberg.com/news/articles/2015-07-14/... Too Much Debt + Too Little Cash = Most Distressed Pain Since ’08 http://www.bloomberg.com/news/articles/2015-07-14/... Coal is a sick dragon, and the bond market wields a heavy sword http://www.bloomberg.com/news/articles/2015-07-13/... . Miscellaneous Write-ups Noranda - Preview Of Second Quarter And Liquidity http://seekingalpha.com/article/3330655-noranda-pr... Noranda Aluminum - Risky Bet With Significant Potential Returns http://seekingalpha.com/article/3321905-noranda-al... Win a Free Copy of the Greatest Book on Investing Ever Written http://tmfdeej.whotrades.com/blog/43086392655 There Is At Least One More Puff In This Cigar http://seekingalpha.com/article/3323925-there-is-a... What the heck is wrong with Global Power Equipment Group http://www.oozingalpha.com/heck-is-wrong-with-glob... Deep Down, Inc. - Liquidation And Shareholders Win, Operations And Shareholders Lose http://seekingalpha.com/article/3324275-deep-down-... REIT Preferred Arbitrage With RAIT Financial http://seekingalpha.com/article/3329715-reit-prefe... I Found NTELOS In The Liquidation Bin: A Misplaced Stock With 30%+ Upside http://seekingalpha.com/article/3323015-i-found-nt... Meet The Mastermind Behind This REIT Merger http://seekingalpha.com/article/3325935-meet-the-m... So much for this former special situation: Sabine Oil & Gas files for bankruptcy http://seekingalpha.com/news/2629485-sabine-oil-an... https://twitter.com/search?q=%24BIP&src=ctag!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); & https://twitter.com/search?q=%24IFN&src=ctag!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); are special situations from the past. Interesting picks. I always enjoy this feature from BNN http://www.bnn.ca/News/2015/7/13/Top-Picks-from-Jo... Essex Rental: After More Heavy Lifting, I'm Still Bullish http://seekingalpha.com/article/3316885-essex-rent... Spirit AeroSystems: A Buyout In The Making http://seekingalpha.com/article/3321115-spirit-aer... The Value Opportunity In Low P/FFO REITs http://seekingalpha.com/article/3321725-the-value-... CafePress co-founder Durham tries to return online retailer to its roots http://upstart.bizjournals.com/entrepreneurs/hot-s... EnviroStar: Clean Up Your Portfolio With This Name http://seekingalpha.com/article/3313835-envirostar... Sam Zell’s Equity Commonwealth Is a Bargain http://online.barrons.com/articles/sam-zells-equit... A Cheap Way to Play the Global Travel Boom http://online.barrons.com/articles/a-cheap-way-to-... SunEdison Semiconductor - My Best Idea For The Rest Of 2015 http://seekingalpha.com/article/3307025-sunedison-... Thanks for reading. While this is a ton of news, I'm sure that there are some interesting things that I have missed. If you've seen one, please share it in the comments section. My goal in creating the Special Situation Investing Community was to create a free place on the web where like-minded individuals who love this style of investing like I do can come to discuss it and share ideas. So please, comment, comment, comment. The more dialog we have and ideas we have floating around the better it is for everyone. Also, if you haven't already, make sure to click on the link at the top of the page to join this new special situation investing community. Doing so will enable you to receive notification when new articles are published here and to share your own ideas. Also, make sure to follow me on Twitter @TMFDeej. https://twitter.com/TMFDeej!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); Have a great weekend!