RE:Stockchase InsightsA few more comments. GLTA
CTS put itself up for sale, or at least for a review, as it was approached by other parties first. It is really a question of valuation. It is 13X earnings. Many companies are 20X and a shareswap with such different valuations can be very easy for a larger company. Reviews can take a while. Also, the parties may simply not agree on price, and nothing will happen. But in our view CTS has enough going for it to hold at least until the completion of the review. The upcoming quarterly release is not likely to do much.
Certainly the 'end' of the review, or any decisions stemming from it, would have to be disclosed. That being said, it is the company's call as what constitutes the end of the review. But nearly every company, at some point, will announce that the review has been concluded, even if nothing transpires from it.