GREY:MGMCF - Post by User
Comment by
OilEngon Apr 07, 2014 6:01pm
259 Views
Post# 22422221
RE:Oileng
RE:OilengThank you for the kind words. I am an oil and gas engineer and hence feel pretty confident when looking at the underlying value which I beleive will be realized in the fullness of time. However, the Paramount offer has placed all this to the side as MGM no longer has time on its side. I think highly of the management of MGM and their deal making abililty. However, I am not sure this is the right time to be selling the company nor am I sure that the management has the time to get the best price. I really don't understand why the hurry when MGM has cash to last until 2015. Paramount is getting a steal of a deal at the present price of MGM.