GREY:CRIUF - Post by User
Comment by
campston Feb 08, 2019 11:22am
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Post# 29337949
RE:RE:RE:Potential for competing bids
RE:RE:RE:Potential for competing bidsSo did the insiders of the RFID company in my example. Would you take $8.75?
sotypical wrote: ..... Insiders hold a lot of shares Iam sure there all happy as this is not a hostile take over attemp ;;;;
campst wroteS: What is needed is a dissatisfied shareholder(s) to push the cause with yhe company. I was interested in an RFID company that accepted a takeover offer that was significantly low.(can't recall recall yhe name, but i believe the symbol was SI) A group of dissident shareholders went to the companies competitors, one of which put in a bid for the company. In the end, the original suitor was forced to increase their offer and the deal closed....much to my benefit.