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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Why so pessimistic?
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Post by Dasani20 on Jun 04, 2016 2:43pm

Why so pessimistic?

It was only reported that there were 3 interested parties (Blackstone, Carlyle and Apollo), with 2 departing the process. There may have been other interested parties - we just don't know.  I am not quite sure why some of you are so sure of yourselves - some claiming a buyout is going to happen this exact minute, while others suggesting the stock will fall to $20-25.  DO us all a favour and keep a lid on itif you don't have any evidence to support your claims.  Just becuase the Patel's were exploiting the system does not mean Concordia is going to collapse to nothing.
Comment by Roller007 on Jun 04, 2016 3:15pm
Dasani12: the number of interested parties is closer to 10 than it is to 3.   That coming from sources close to the negotiations and that cannot be identified.   Did you see what I just did, I sounded exactly like these "reports" that manipulated Cxr SP in the tune of 30% to the downside.  In going to call Bloomberg and provide them with my own info n the process and just ...more  
Comment by GEWbull on Jun 04, 2016 11:36pm
PESSIMISTIC
Comment by curiousbuild on Jun 04, 2016 4:30pm
it took a day or two for Monsanto and Bayer rumours to be clear up. And Monsanto to respond in less than a week. Concordia's takeover rumours are just perfect for manipulation and speculation.. and we are talking about small cap company here not mega cap like Bayer etc. MT and Grenhill better hurry up before someone makes hostile takeover offer less than what actually company is worth.. CB
Comment by DeltaVega on Jun 04, 2016 4:35pm
Just sell it for the debt. This is taking too long.
Comment by curiousbuild on Jun 04, 2016 5:10pm
MT is down 21M $CAD in two days and about 175M $CAD from all time high.. Michael Pearson was billionaire at some point now not sure how much his shares worth after margin call from GS etc.. I am sure MT learned something from VRX saga so he doesn't risk his family's future.. Canadian health care sector was 3% of TSX last year now it is only 1% and soon might as well vanish or go to venture ...more  
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