Post by
Mrlongpants on Oct 22, 2021 9:20pm
WSP up SNC down.
Looks like big money is inflating the price higher for WSP and holding the price down for SNC.
Could it be the time has come for WSp to take a run at SNC and buy them out on the cheap?
GLTALongs..................
Comment by
Megasupreme on Oct 23, 2021 7:46am
WSP probably is waiting for SNC to clean up the messy parts of the company.That said SNC has cleaned up quite nicely lately.
Comment by
Gabriel on Oct 23, 2021 2:04pm
Absolutely Mega. Fact 1: WSP CEO wants to double revenue and earnings. Fact 2: Main shareholders of both WSP and SNC are the same. Fact 3: SNC needs a name change. Fact 4: SNC Engineering brings 750m EBITDA + synergies = 850m EBITDA close to doubling WSP's for a fraction. Fact 5: Most VPs and EVPs at one come from the other. Fact 6: GoQ will approve this acquisition.