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Sirius XM Canada Holdings Inc T.XSR

"Sirius XM Canada Holdings Inc is a radio broadcasting company with approximately 2.7 million total subscribers. The company broadcasts music, sports, talk, entertainment and other content on a subscription fee basis in Canada. It includes over 12 Canadian channels designed and developed from studios in Toronto, Montreal, and Vancouver. It derives revenues from the sale of subscriptions, activation fees, advertising, and equipment sales."


TSX:XSR - Post by User

Comment by hipfneron May 13, 2016 10:25am
127 Views
Post# 24869948

RE:Disgusting offer - how do we fight it?

RE:Disgusting offer - how do we fight it?I just reviewed Stockchase and verified that a lot of fund managers intervied on BNN own it and expected it to be taken out, at prices up to $6.50

I believe that enough of them are also disgusted at the $4.50 offer and will work behind the scenes to let XSR know that they have to increase the bid.

Which is why, I suspect, the current price is higher that the take-under offer this a.m.
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