mdf commerce Ord Shs MECVF

Now we know

[Dibah420]

how we came down from $14 to $8.
That's some dilution  (34.3%).  Total new shares 9,752,000 but over 7 m have already been grabbed by the Caisse, FSTQ and Parthenon. That's a good sign making $8 the likely base.
We'll see how the market views this tomorow and how the analysts interpret the deal.
The brighter side is that the co. is focussing on the multi trillions about to be blown on infrastructure.  That's a lot of "procurement".
If you have faith in management, and I do, the future (2-4 years)  looks good. Hope the Dems don't lose the House in '22.

[Possibleidiot01]

Seems to me , waiting on the sidelines , that the price for Periscope is pretty high. The purchase price is approximately $259.9 million, on a cash-free debt-free basis, subject to customary closing and post-closing adjustments (the “Purchase Price”). Also a little confused by that debt free basis when  they drew $50.2 million draw on amended and upsized revolving and term credit facilities

[Dibah420]

"cash free debt free"  to me means that MDF is not assuming any debt that may or may not exist on Periscope's books. The $50.2m draw is not germane. That they overpaid is an opinion and you may arguably be right in yours.  But the premium is to acquire heft to be able to dominate in the procurement space. Can't disagree with your last sentence.  Proof is always in

[Possibleidiot01]

That makes a lot of sense to me . Enjoy that weekend.