mdf commerce Ord Shs MECVF

MDF Commerce

[Spencergirl]

I can't believe that the board has accepted such a deal. Long Path Partners has sold out the minority
shareholders. This company is probably worth 2 times the the sellling price. This company is the leader in the B to G e procument space. The selling price is less than the value of Periscope they bought two  years ago. That doesn't include the other division of the company. I can't believe KKR will get away with this. I have to question the board and there CEO, something doesn't smell right. Hope FTQ and Investissement Qubec hold there ground, they do own more then 40% combine.

[BearBullBrian]

The company is worth at least $7.00 a share. BBB

[Roots7]

It's ridiculous; once again, ordinary shareholders will get robbed. I can't figure out a scenario in which MDF would be worth less than $8...

[Roots7]

I own only 65k shares but I will vote no, for what it's worth.

[Possibleidiot01]

You make an interesting point - their voting support whichwould be 25.8% isn't mentioned. translated from https://www.journaldemontreal.com/2024/03/11/mdf-commerce-se-vend-a-un-fonds-americain Hope this formats to space. The Fonds de solidarit FTQ holds 13.6% of MDF shares while Investissement Qubec has a 12.2% stake in the company. The other major shareholder of MDF Commerce is the

[BearBullBrian]

The Quebec bloc of shares, if united, could increase the offer. I will vote no. BBB

[Roots7]

This is pure theft. The CEO says the pipeline is 4-5 times bigger than last year, they are generating good cash flow, the business is completely derisked... and they sell for less than 2 times revenues, which is less than what they paid for Periscope. I can't see where the rush is. I understand that Long Path came in when the share price was sub $2, but still. Let's hope Investissement