Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by CCKon Mar 22, 2016 1:31pm
169 Views
Post# 24688666

Could CXR afford a tuck-in from a VRX breakup?

Could CXR afford a tuck-in from a VRX breakup?Seeing the share price today continuing its recovery makes me feel good about having added to my CXR position at just under C$35. Hearing some chatter about scenarios of what lies ahead for VRX. Some say having added Ackman to the Board that he may be a proponent of breaking the company up in order to unlock value. That would be an interesting headline and would possibly allow CXR to take a swing at any VRX asset sale. What would concern me is that any possible tuck-in acquisition from VRX would probably be a large acquisition for CXR. CXR is already significantly leveraged as we know and I don't know if the street would have any appetite for additional debt for CRX... no matter how tempting the prize may be. Thoughts?
<< Previous
Bullboard Posts
Next >>