Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > STILL HALTED LMAO
View:
Post by patenright111 on Apr 21, 2016 3:16pm

STILL HALTED LMAO

so what it takes over an hour to get confirmation from someone at Concordia - my gawd
Comment by BullishBaytix on Apr 21, 2016 3:21pm
There are a lot of i's to dot and T's to cross. The news wouldnt be out if they didnt already have an agreement on price per share etc and a buyer. It must be a done deal unless another suitor comes to bat and offers more. 
Comment by wordless on Apr 21, 2016 3:22pm
Since the rumours are true it appears, it makes more sense for the stock to stay halted and issue a news release AFTER market close. Market can then digest the news and the stock will resume trading tomorrow.
Comment by BullishBaytix on Apr 21, 2016 3:29pm
If there was no real news, they would let it trade on its own fundamentals for the rest of the afternoon instead of ambushing shareholders by releasing some sort of non news and then having it get dumped in the morning. There is news Im getting more and more certain. 
Comment by patenright111 on Apr 21, 2016 3:25pm
done deal - not true - could still be in negotiations - never count your chickens before they hatch
Comment by BullishBaytix on Apr 21, 2016 3:31pm
Its true, and I am hoping... but nothing is certain. They could be arguing right now about the value... and not signing anything... There could be an offer for $35 US... but I think there would be no point going to the table with that... I suspect it gets done. but value is nothing I know about this company. I leave that to the posters here who have knowledge of Condordia, and have done their DD ...more  
Comment by sunshine7 on Apr 21, 2016 3:26pm
it is said that CXR is in talks with multiple suitors. Could take a while but multiple suitors will keep each other honest re price. Highest bidder? Luv it!
Comment by JxEssence on Apr 21, 2016 3:41pm
Taking a page out of the IT playbook to buy more time? Why would any company want to take over such a grossly indebted company like this? 
Comment by Pj1958 on Apr 21, 2016 3:55pm
Because they have done their DD and came to the conclusion it's grossly undervalued
Comment by JxEssence on Apr 21, 2016 4:08pm
No they haven't, lol did you read the NR?
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities