RE:RE:RE:RE:RE:Stand with me in opposition of this dealcruiser1 wrote: It cost a lot of money to launch a privatization, and then you have to add a bit of ego and insider information on top. Logic would dictate a lowball offer was made, and now they are in talks with Fidelity and Brosseau to come to a price that gets them over the top. I gather if they won't sell, Brosseau could be offered to stay, but we'll find out shortly. Based on the movement of the shares, and the price it was prior to the offer etc, I'm guessing a deal will be made at $18.00, not too high to kill the deal and not too low to dissapoint most.
Absolutely no way this goes for just $18.00. Letko will be seeking the higher end of the conservative TD valuation of above $23. Furthermore nothing is accounted for their top brands. Their bikes are used in the Tour de France ffs.
Nothing given to their strong connections with Wayfair, Amazon, Cad Tire, WalMart.. I'm amazed shareholders would entertain anything less than $20, more like $23. The A class shares are above $16. This is a bunch of multi millionaires trying to take your shares on the cheap. It is shameful really.
VOTE AGAINST THIS PROPSAL.