GREY:PSGLQ - Post by User
Post by
modulexon Oct 30, 2016 10:32am
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Post# 25403156
PSG HEADED FOR A HARD BLOW
PSG HEADED FOR A HARD BLOWthe latest info i obtained is that the buyer will pay $490-million U.S. including debt and stock, which means that shareholders will receive $1.65/share. The buyer will then conduct an auction sale on its own to obtain a higher value. So the company is being in other words sold in pices. I wouldn't have believe in such a terrible outcome, but that is what the stock market brings at times with companies.