RE:t.CFX was @ $13 @ one point and when it fell to $9, I wasI'm sure many people had similar thoughts in 2009 when CFX was last under $2.00. Since then the stock hit a high of nearly $30.00.
My guess is CFP and others (Mercer perhaps) would be looking at CFX as a timely privatization opportunity. Also if USD and pulp prices turn CFX could earn its entire market cap in free cash flow in less than a year.
... It's always darkest before dawn...