RE:CXR was not bought out becauseCXR will be not sold. Next year when they will pay more their debt, the price will be higher and they know that all it is a matter of time..
Also, next month if the financial statement are ok , the price will be higher.
fdfd12 wrote:
of what I said the day of the very first offer.
CXRX was trading at around $22US and that is when
Blackstone or whoever said they were looking to buy them out.
I said the true value of CXRX was and is around $65US but no one will
buy it since it is presently at $22US and we don't give 3 times the present price.
Probably they were offered $40US MAX and they rejected it.
END OF STORY.