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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by MikeySwooshon Jun 28, 2016 11:25am
170 Views
Post# 25004841

RE:Strategic alternatives

RE:Strategic alternatives Concordia updated us earlier this month re:the strategic review and if they keep updating the market with the "ongoing" message, it doesn't speak to a very stable or confident management team, and could very well compromise the process. The details of the process are not public information, nor should they be. It's "ongoing" until it's not. When things change materially; i.e., the strategic review is complete, or an offer is formally rejected or accepted, we'll hear about it! I appreciate the fact that there was a rumor about Apollo being interested potentially contigent on a Bremain vote, but that was a rumor, and the company shouldn't have to address rumors, especially if it's regarding information that ought not be public. It's nice to be awash with information as a shareholder, but that's not always constructive for the company.   
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