RE:Blackstone,Carlyle Walk Away.....I think some investigation may have to take place. I have a feeling a number of people got burned and based on the follow up article by CNBC, it appears the news came from a source close to the action. If someone close to the companies tells a media outlet that a takeover is "imminent", that source publishes it, and the contrary happens, that sounds mildly criminal to me.
I'm still in at a level below what we were at this morning, so I'll continue to stay the course. I was in before the company was even talking about a takeout and I'll continue to be so until I decide that I can put my money elsewhere.
Thoughts?
GLTYA