RE:This could happen any time..to lock value :Is ALA NEXT?Personal opinion but I think any company with management that thinks the best way to unlock shareholder value is to sell the company, needs new management.
bossu wrote:
Mergers and acquisitions activity has exploded. Here’s why – and the reasons it will continue for the foreseeable future
IN THE CASE OF ALA ''Splitting or selling the whole business!
Money is flowing and interest cost very low for a big deep pocket company or Fund looking for revenue stability an dividend.
I'm ready to let it go but bid the good price at $ 30 !
The takeover frenzy is fuelled by low interest rates, banks’ willingness to lend and soaring stock market valuations. There’s also confidence in the boardrooms of buyers, and realism among leaders of smaller companies that are typically takeover targets. “Potential sellers realize that valuations are pretty lofty, and M&A is cyclical, so if a board is considering selling in the next five years, they are open to offers now,” said investment banker Ian Macdonell at Crosbie & Co. “Boards realize the competitive landscape is changing and it’s harder to be a regional player, in North America or globally, so if they can’t be consolidators, they are sellers.”
An Idea on ALA buyout/
In a report last month, analyst Robert Kwan pointed out management at AltaGas Corp., a utility with a $5.9-billion market capitalization, “is open to splitting up the company in the medium-term as a means to unlock shareholder value.” Mr. Kwan also said Gibson Energy Inc., a $3.2-billion infrastructure play, is home to “a management team and board that are focused on shareholder value creation, which could include selling the business.”