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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Are you guys joking ?
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Post by CNInvesting on Jun 06, 2016 5:06pm

Are you guys joking ?

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 ?
Comment by select1011 on Jun 06, 2016 5:12pm
This post has been removed in accordance with Community Policy
Comment by CNInvesting on Jun 06, 2016 5:26pm
Are you dumb select ? I said ''takes places instead of a complete buyout'' because my premise is that we don't know what's going on yet ( as in will there be a full buyout or not ). It's the only way that 50$ CAD would make sense to Cinven and the likes. A restructuring of the company, publicly or privately, that includes some debt financing and equity.They got their ...more  
Comment by Craigbad on Jun 06, 2016 5:18pm
If it came to a fund manager accepting a $50 offer to get a performance bonus and bump up quarterly performance for clients, i think you'd be suprised how fast some might take it. A 50% quick gain and spread your money elsewhere where theres less drama.
Comment by wordless on Jun 06, 2016 5:21pm
Tell that to the Funds that paid $65US a share in the most recent $500mm secondary offering. I think you'd be surprised at how much they would not appreciate that "50% gain".
Comment by GoldBug024 on Jun 06, 2016 5:23pm
numbers are bs it'll come in at 60usd range.
Comment by Cowtownskier on Jun 06, 2016 5:25pm
Those funds have two options at this point.  1.) accept whatever offer is presented 2.) take a 20% haircut from todays prices and sit in the penalty box for the next year and still be below the offer price.
Comment by sunshine7 on Jun 06, 2016 6:31pm
Option 3: Be a part of the private consortium.
Comment by Pj1958 on Jun 06, 2016 10:23pm
Wordless.... Right on the money with your analysis . Here is what should happen if offer is below $65US. The company needs to disclose all offers.... Let's say. Blackstone  offers stink offer at $48US ... Rejected TPV offers $52US ... Rejected and rebids at $55US and again rejected Apollo offers $58US .... Rejected and comes back with $62US and again rejected. CXR tells parties to come ...more  
Comment by dileas48s on Jun 06, 2016 10:34pm
I would think there are NDA's in place that would prohibit releasing the offer prices for shares but nothing would prevent Concordia from announcing their expected price.  I don't think they will though - why show your hand? All this current sentiment and shorting has grossly undervalued the shares.  The board knows that two to four solid quarters of improving numbers could open ...more  
Comment by Pj1958 on Jun 06, 2016 10:08pm
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.
Comment by curiousbuild on Jun 06, 2016 11:11pm
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 ...more  
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