RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nary any sellersWhat would a buyout per share be if private equity was only willing to pay 5-6 times ebitda minus debt for Concordia? I'm guessing it would be less than shareholders would be willing to accept? One has to consider now that the debt and equity issuing buying rampage of companies like valeant and concordia has come to an end, the multiples for which private equity could actual pay for legacy assets might actually come down to 4-5 times as the market should become softer with less bidders. Maybe this is what the shorts are counting on. Private equity is not known for throwing money away, do you think they are weighing this option? Something has to explain the price action that most are missing.
sunshine7 wrote:
sorry, just noticed Craig said wma not DMA. IMO 200wma is meaningless for many known reasons.