GREY:BZAMF - Post by User
Post by
duediligence123on Sep 06, 2019 12:10pm
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Post# 30102658
More strategic buyer can come for TGOD now....
More strategic buyer can come for TGOD now.... What does it mean for TGOD?
Of course, TGOD is itself a publicly-traded company, and investors in it may wonder what Aurora's selling-out means for them? In Bennett's opinion, it doesn't necessarily mean anything bad. For one thing, the reasons for Aurora selling out of TGOD are logical on their face, and don't necessarily imply that Aurora saw anything wrong with TGOD's business from which it wished to extricate itself. For another, with Aurora's ties to the company now severed, the way could be clear for another, more strategic buyer to make a bid for TGOD, and thus "get exposure to an attractive organic segment, given other players here are scarce."