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Technology Communication Equipment

UTStarcom Holdings Corp. provides broadband products, solution and services. The Company delivers broadband transport and access (both wireless fidelity (Wi-Fi) and fixed line) products and solutions, optimized for mobile backhaul, metro aggregation, broadband access and Wi-Fi data offloading. Its segments include Equipment, which is focused on its equipment sales, including network... see more

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UTStarcom Holdings Corp > Proposal of Shah Capital at US $ 2.15

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Post by andre171 on Apr 01, 2017 11:10am

Proposal of Shah Capital at US $ 2.15

Yesterday's proposal of Shah Capital at US $ 2.15 in cash per ordinary share seems ridiculous while Gu Guerin had in September 2015 bought 11M shares at $ 6.

What do you think ?
A proposal of price divided by nearly 3, while the situation of UTSI has rather evolved favorably!
Is it possible to hope against a proposal from a third party?

andre171

Yesterday's proposal of Shah Capital at US $ 2.15 in cash per ordinary share seems ridiculous while Gu Guerin had in September 2015 bought 11M shares at $ 6.
What do you think ?
A proposal of price divided by nearly 3, while the situation of UTSI has rather evolved favorably!
Is it possible to hope against a proposal from a third party?

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