OTCPK:GBGPF - Post by User
Post by
Valuewalkon Nov 21, 2017 12:48am
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Post# 27001243
It’s a little concerning....
It’s a little concerning....That the market is pushing the deal spread so wide. This is not normal behaviour. In M&A the large knowledgeable participants tend to push the market towards the inevitable outcome.
I also can’t understand why ACB won’t make the bid official? It’s not that complicated but they aren’t coming out with it. Are they still deciding whether or not to walk away?
Might be time to reconsider CMED and just buy ACB directly.