GREY:LSTMF - Post by User
Post by
bushhog1on May 21, 2015 11:15am
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Post# 23749348
Pacific Rubiales taken over at $6.50
Pacific Rubiales taken over at $6.50If PRE with a tangible book value of $6.65 and Debt of $6.8B
got taken out for $6.50,then
LTS should get taken out for about $6.50 too,
because they have a tangible of $6.45 and a much smaller Debt of $1.6B
Oil producer Pacific Rubiales Energy Corp said it has agreed to the $6.50 per share cash offer from Mexico’s Alfa Sab de CV and investment firm Harbor Energy Ltd
https://business.financialpost.com/news/energy/pacific-rubiales-energy-corp-agrees-to-takeover-offer-from-mexicos-alfa-sab-and-harbor-energy?__lsa=3387-2eef