Concordia Healthcare Corp. T.CXR.R

This is what is actually happening

[Gashole1]

The bids are in. Blackstone and Carlisle walked away because their bids were not competitive. They are bound by non disclosure so cannot say anything. CXR is taking bids and has set a dealine for all suitors, they are now in the disqualification stage, and those 2 were kicked out of the bidding.. Whos left? We will find out soon...

[curiousbuild]

Apollo mgmt is 3rd bidder. FK how do u swing 25% a day? Mgmt should issue a letter pronto.. CB

[Kisu]

Walking away or being kicked out are the same thing but the wording implies two different scenarios.   The market has reacted as though Blackstone and Carlisle are the arbiters of value and that if they don't own it, or are not buying it, it is worthless.  And so much for the non-disclosure - someone got paid for the leak. Got the impression on BNN that they heard the news before

[visionaryfool]

Good point and completely agree. If they walked away, lets see if there is anyone left at the table. If the bids were due this Tuesday, then it shouldn't be long until we hear from Management. Maybe another week or two.

[Onions19]

The other bidder is Apollo Global Management according to Seeking Alpla. Since they were not booted by the bid deadline which was Tuesday, can we assume that they did make a bid? If they didn't then we would have heard about it with blackstone

[select1011]

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[CNInvesting]

We disagree on the Brexit select but I too find this theory interesting. However, if we elaborate a bit more, why would they set such a deadline and why would there be any ''kicking out'' ? You think this might have anything to do with Greenhill running this whole process ? Thoughts appreciated.

[select1011]

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[CNInvesting]

Indeed. Well, the wait is not over. GL.

[DeltaVega]

CXR Management needs to make a deal asap or its back to 30s.  

[Gashole1]

Lol, you mean 20's? Its in the 30's

[Lattice]

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[CNInvesting]

Thanks for vomitting back what Cohodes is saying on Twitter Lattice. However, the absence of their name on the last PR is irrelevant. They were hired to review this process with CXR and most likely still are as they generally work based off of contracts. If they are not, it's because they've done their job in finding potential suitors and now negociations are on. We still have no official

[Lattice]

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[CNInvesting]

They don't have to report the name of the company they acquired it from. As a matter of fact, there might even be a non-disclosure agreement. Who cares who they acquired it from ? What even makes you think it's from a known public company ? Plenty of companies selling meds around the globe to buy from. Geez.

[Lattice]

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[Roller007]

Lattice:  you are starting to sound desperate.  Cxr is not obligated to mention anything until the deal is done, if you are stupid enough to trade in news not released by the Cxr management then you are playing into the hands of the manipulators.  The fact that they were really brief shows their confidence and their no concern with the intraday fluctuation brought on by news

[Lattice]

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[Roller007]

Lattice:  no hints, just the reality of what's coming.  Anyway you keep sharing your thoughts as to why Cxr is s horrible investment just please don't run away when the good news comes out. Stay on this board so you can apologize to all the longs for your illogical bashing. Stay and take the heat like a real man or woman or drone, or whatever the frick you are.  

[GoldBug024]

Hahahaha when did Lattice become so filthy mouthed? Kind of turns me on :p

[Lattice]

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[fdfd12]

Lattice are you Marc Cohodes? Everything you say seems like it is coming out of his mouth. You pretend to be a girl so we NEVER think of you being him. Has other people on this board feel the same way?

[CookieMonster]

Of course Lattice is Cahodes!

[JxEssence]

No, Lattice = StockCoach trolling the sh!t out of you guys

[Roller007]

Jxessance:  it's doesn't really matter who lattice is, what matters is that the points and arguments put forth by lattice are not logical nor appealing to ones common sense. I don't need propaganda on here ,we get enough of that from the market, we need  just facts or reasonable deductions regarding Cxr even if they don't support my long position, they need to make sense.

[CookieMonster]

A clear manipulation by the shorts today.  I never thought they would get this low, but they did.  Just like Trump!  Cxr trading at 7.5x ev/ebitda.  Undervalued given high free cash flow conversion rate. Calling bullshit on Cahodes as he was a failed hedge fund manager! But he is really great at manulipating the media! And he pretends to be a woman here!!!  

[CookieMonster]

CXR is trading at the same ev/ebitda multiple to Horizon Pharma.  So there is zero premium in the share price for a potential transaction.  Remember, CXR should generate about $6.50 per share U.S. In free cash flow this year.

[Onions19]

The other bidder is Apollo Global Management according to Seeking Alpla. Since they were not booted by the bid deadline which was Tuesday, can we assume that they did make a bid? If they didn't then we would have heard about it with blackstone

[COGT]

Onions is right and if everyone lowballs theres no reason to sell....Business as usuaul except for being a publicly traded company in a poorly regulated casino were card counting is enabled for Fk sakes In the end i see some sort of merge/cash business goes on in private hands (who will be the ultimate big winner not current shareholders