Post by
jamesb14 on May 07, 2016 2:23pm
Concordia's Next Act
I'm a true believer that the AMCo acquisition was transformational and love that company and what their mission is (I'm not sure if anyone saw AMCo's corporate video; it's what got me to buy back into Concordia last fall). I see two paths from here given that the build by acquisition model is being challenged by the greater healthcare market and by concordia's debt level combined with their low share price. 1. Put AMCo leadership in charge of day to day operations and move Mark Thompson to Chairman. 2. Sell the company. I'm supportive of both options, I just don't think a leadership skilled primarily in M&A is best for the long term viability of the company. I'm a shareholder since last summer and after yesterday am up to 800 shares.
Comment by
Roller007 on May 07, 2016 5:15pm
Jamesb14: Exactly what I said about assuming Cxr loan and another saving by replacing MT and most of the top paid guys at Cxr with Inhouse people. This will add a aprox 350 million per year to the bottom line.