RE:RE:RE:NO BUYOUT NO BUYOUTFor the same reason any company is sold basically. If the premium on the equity is satisfying on a current and forward basis, the shareholders may want to cash in. Sometimes, it's also in the best interest of the company. If it can be run better by the acquirers than it is by the current management. The shorts did succeed in making the market sentiment go sour about CXR. It will take time to recover, and it may be the best outcome for the company now to privatize.
Of course, much depends on the structure of a possible deal. Since we're not talking about a public takeover but a private one, we have to assume it would be an all-cash deal, and not an equity/cash, therefore no current public shareholder will have any stake in the company taking it private. For that reason, the offered price has to be juicy because it's a sort of all-or-nothing scenario.
GL
regardless wrote: But if the fundamentals are intact. ..and debt is not an issue then why would they even consider selling out???...i cant make sense of that....if they know yhe stock is manipulated by shorts....if they know the debt is managed. .if they know this ..then how did a buyout even become a topic? ?? To me this is just an undervalued company...plain and simple. ..