Concordia Healthcare Corp. T.CXR.R

KKR

[CNInvesting]

Any thoughts on the progress on the TO possibility ? Is the fact that KKR bought roughly 5% of the shares a bad omen ? I know it gives a boost to the credibility of CXR, but what are the implications here ?

[ohwhatanight]

KKR are incredibly astute investors.   They are not the kink of firm that sits  on the sidelines.  I would say that they purchased 5% with a very clear outcome in mind.  I remember what they did with Shoppers Drug Mart in a 4 year  time frame (article  below) Canada has been very, very good to Kohlberg Kravis Roberts. The world's best-known leveraged

[prested]

If you want to know how the operate watch Barbarians At The Gate with James Garner. It show how KKR went from operating H&R Nabisco to taking it over. They are not crooks, but boy they are ruthless in their pursuit of money. What are the implications here? Well, they will want to make a lot of money, quell suprise! And, we will make some too!

[sunshine7]

Not sure if KKR will be the only suitor, but they just got a nice discount on the final package by front running 5% at this time. Wondering now if they have increased their position since? That 5% was as of march 31 wasn't it?

[pineapple1]

This post has been removed in accordance with Community Policy

[visionaryfool]

Yeah that's what I'm thinking if there is no deal announcement. 5% though... that's a lot to buy for KKR for just trading profits... its like almost $65M USD. I think there's more to it than that.

[cashflow98]

Its chump change, KKR has 120 B AUM.....however, I agree with you, something is in the works....as much as I believe that MT wants to run this thing to where he see's TRUE VALUE....the environment is ripe for a PE deal to be struck.  I just hope that the number does right by the Shareholders and I suspect that the Chicken Farmer will be surprised just what that number comes in at.....GLTA

[DeltaVega]

When CXR hits $47 CAD this will triger BO at offer at $80CAD. Game over. IMO. Cheers.

[gravedigger51]

or more likely cohodes and you have been selling your shorted shares to them, morons, lol.  Dont be sour grapes, or sour pineapples now for the real lift off in June