RE:RE:Seriously ? WizardFuture wrote: Who suggested $20 for takeover price? It's not even the price SNC paid for Atkins a couple years ago. Does not make any sense.
I'm not suggesting anything.. for me that would be the worst-case scenario.
By the way, it's not because a company paid X $ for something years ago that it's worth the same amount or more these days. Remember when Constellation Brands acquired hundreds of millions of shares of Canopy Growth.. see what's it worth today : a fraction of what they paid for it.
But of course, with SNC and Atkins, that's a completely different story. Unfortunately, with the current board, you never know what stupid move they're going to do next (well, lack of action would be the culprit)