RE:RE:RE:RE:analyst fuelled takeover targetsThis RBC article might explain their reasoning.
Quite frankly I would rather ARX be the aquired target as opposed to the aquirerer but only at a premium.
GLTA ARX BULLS
downwithdotcom1 wrote: ARC as a take-over target??? that would be a bold attempt for a few reasons..
Buying ARC fairly close to 52 week highs in the face of the current nat gas price deck might have detractors from the acquiring party. More importantly, cash and/or leveraged take-overs supported by banks are nearly impossible to obtain (more political/environmental ) these days. MERGERS on the other hand , with ARC doing the aquiring using its hi share price would be more logical yes/no??? dwdc