GREY:ESOFD - Post by User
Comment by
Tinmannon Mar 19, 2013 5:14pm
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Post# 21152223
RE: RE: RE: RE: Sell the News
RE: RE: RE: RE: Sell the News I think no one would doubt your logic. It comes down to PLS and how much leverage you want.
I disagree that a competing bid for FIS would not be good for AMW. If someone came in for FIS, it clearly would have been spurred by PLS, and whatever the competitor paid (assuming it's a premium, which is the only reason FIS would sell), it would translate directly into AMW's valuation and AMW would be left as the only pure play on the asset. Sure someone could lock up half, but that means that the other 50% would be direct drive with presumably a great partner.