RE:RE:Are you guys joking ?I am sure MT and BOD will accept the offer and let shareholders decide eventhough they know it may be rejected anyways . In the meantime share price finds a floor and we may get higher bid from Takeda /TPG or whover.. If shareholders reject the offer MT gets rid off the monkey of his back as he was forced for strategies alternatives.. With $58 we still get 20% premium to one year average closing price.. CB
Pj1958 wrote: Completely agree CN.... $65 US or I will wait a few years for $100 US +.
This is not a distressed sale , it might be in the penalty box , but ready to come out.
CNInvesting wrote: 50$ CAD won't even be considered by the current major holders of CXR. The only way this has any truth is if what we don't know yet is that an equity/debt financing takes place instead of a complete buyout. It would be a multi-layered deal with Apollo and perhaps other players.
Bottom line, we don't know squat yet. This is just a continuation of the past week's rumors but on the bull-side this time. Why would any of you folks give more credibility to these un-confirmed leaks than last week's ?