RE:Who is more attractive to the big boyz than BTE on a buyout?Snowballer wrote: where would BTE be on that short list... any guesses?
No major would want to "rescue" Baytex. its going to take a major to buy a company making 70k per day... with billions in debt... CPG could buy them... it would be difficult for them... it would add major debt to their bottom line so they are out of the cards, SU - BTE doesnt fit their business profile.... Its more likely a SGY or WCP, or TOG, CJ, or another smaller producer gets bought out... they have less debt per share and it wont cost so much to buy and any of those would be accretive to share value. BTE will NOT be bought out in my opinion.