RE:v-g wrong again as usual--- FABRICATOR Needham says "assuming a mid-teens EV/LTM EBITDA multiple, we believe the transportation business could be worth $900M-$1.2B on a standalone pre-tax basis"
"CDNT is trading at a pro forma (assumes transport business is sold for $1 Billion pre-tax and reflects the impact of the from the announced Midas divestiture) EV/FY22 EBITDA multiple of 5x"
They attach a Hold rating on Conduent.
Your buddie Cabbie has no idea what he is talking about.
And clearly you don't either.
Quarterhill does not have a Billion USD to spend. They are not looking at Conduent.