Dorsey Gardner works for VERITAS...READ ONI have to agree with Yasch once in life time. You guys remember that article from Dorsey Gardner where he said BB stock should be priced at 15-25 in next 12-18 months?
This is the link to it This offer from Veritas was in works for over a year. Dorsey basically tried to anchor the price and get shareholders acustomed to this low price. Many of you i bet thought he was fighting for shareholders but reality is they are trying to low ball BB to $15-$25 price.
Veritas offer is likely between $15-$25 only. Dorsey article basically convinced shareholders that best BB can get is $25 in 18 months if BB can execute. So if someone made a bid before 18 months and it was say only $20...the shareholders would be happy to approve it.
Do not trust anyone. I know Chen is a loong term thinker so likely he knows this and I hope he doesn't budge for anything less than $80-$100.
In long run BB will be about $500 billion market cap but that's 5-10 years out.
Chen is the MAN!!!!