Post by
StockPicker88 on Apr 21, 2016 1:48pm
Do not sell if the rumors are real
Blackstone will pay a very high premium if they do make an offer. Valuation is typically based on EV/EBITDA multiple. Because Concordia has little equity value and more debt value. Blackstone has to pay a lot more to equityholders to get the company. Possibly 100% premium
Comment by
adamchess on Apr 21, 2016 1:54pm
Concordia still a bargain at 4 times current price, imo. $100 USD - $120 CAD. Don't sell for less. True investors holding over $60 CAD.