TSX:SRV.UN - Post by User
Comment by
jcw604on Jan 07, 2021 3:47pm
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Post# 32247012
RE:RE:RE:RE:RE:RE:RE:Bidding war
RE:RE:RE:RE:RE:RE:RE:Bidding war
There is huge bidding at 199*100 at 3.50. It can be that the insiders were trying to get more to ensure the deal or it could be another bidder. It will more likely to be another bidder, because the way the PR is presented is that they have no idea about the recent rise in price. It looks like that the activist considered this announcement as their 2nd chance to get something cheap and simply commit more money to it.