In the current issue of Business Week, dated 4/28, an article about Citigroup (C) mentioned my conservative $22 break-up value for Citigroup in an article entitled “Where Pandit Is Taking Citi.”
Although the piece failed to put the $22 number in context (it was the lowest of three projected scenarios I made – conservative, moderate, and aggressive), a special thanks to Business Week for reading this blog as part of their research.
If you would like to read the article online, I have included a link above. Links to my three Citi posts are below:
Full Disclosure: Neither a position in Citigroup, nor a subscription to Business Week, at the time of writing