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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

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Post by Bullphighter on Feb 03, 2016 7:17am

Rona

Anyone lucky enough to have any Rona shares today?  Daaayummmm
Comment by visionaryfool on Feb 03, 2016 8:57am
Wow, 104% premium to yesterday's close! Thats a nice price considering the stock hasn't reached the offering price of $24/share since 2007!!!!!!!!!!!! WTFFFFFFFFFFFFFFFFFF. These people REALLY want that Company.
Comment by argentia77 on Feb 03, 2016 9:11am
You just never know when a deal like that is announced. CXR is so cheap right now a company like Novartis or Pfizer could buy it outright.  I'd be tempted to take 104% premium on current value.  
Comment by visionaryfool on Feb 03, 2016 9:15am
Yeah honestly I remember mid last summer when tax inversions were being considered seriously by the major pharma's. Concordia was definately a takeout target because of its efficient tax structure. I'm not sure if its still the case given the AMCO transaction (previously Concordia would've been very easy to integrate). I hope a takeover offer comes, regardless of the premium - it' ...more  
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