How do you determinevaluation???If you listen to BNN /CNBC no analyst is willing to give a value to VRX, because they don't have audited financial statements; so they don't know where the whole company or the many parts that makeup VRX are going.
---Pearson had to go because he is not an organic growth guy. He doesn't know how to do it.
---Ackman is not the total answer. He is the talent scout. He is a M&A guy who buys a company, fires present mgmt., then installs/attracts the right mgmt to turn the company around.
---VRX this morning is trying to put the blame on the former CFO etc. (asked him to leave, but he refused) when Pearson ran the whole show & subordinates & so-called independent directors (now there's a laugh) were just yes men.
---back in October when Pearson left for health reasons the former CFO was the first person he called to hold down the fort & bring confidence to shareholders during this time & now he has been fingered for creating the financial mis-statements. How times have changed.
---It is all up to the debt holders. IMO they don't have much more to lose by giving VRX a little more rope to hang themselves, but believe they control VRX's fate.
---IMO I think they take VRX private so there will less scrutiny, but don't expect to get anything from it. Debt swamps common shareholders.
carlos