who is going to vote no on this deal?..... any dissident shareholders out there?
this deal is a joke, look at current quarters earnings, company is worth probably 50% more than what they are paying.... trading at not even 6 times fwd earnings!!!!! and this is a premium, according to the ceo of hsl???? this company has all kinds of growth opportunities too
i hate mgmnt that sells out like this, they should say it like it is to current hsl holders "we are getting new jobs in a bigger company with a higher salalary and we will get stock in that company so we dont really care about you any more"..... the ceo even has the nerve to talk about the synergies b/t hsl and dxpe!!! lol what the frig does that matter for us? once we are sold out, who cares what dxpe does, it certainly wont affect any of our bottom lines?
deal is a joke, vote it down.... same thing happened with badger daylighting and the deal did not go thru and badger shares are 6$ higher than the takeover price
glta