Concordia Healthcare Corp. T.CXR.R

Apollo news

[Longboarder]

Good to see that Apollo submitted a bid. This should stabilize CXR for a bit. My question is what happened to TPG. These recent articles have only mention 3 potential suitors for Concordia: Blackstone, Apollo and Carlyle. Yet the articles in April mentioned that CXR had contacted TPG in regards to a buyout. Does this mean that TPG decided not to bid or that the articles sinply left them out and they are in fact involved in the process. Thoughts?

[WillyWally]

I was going to sell everything at the open and hope to buy back much lower with all the negativity over the week-end. Now I'm really confused. Is this another fake rumour? Will the stock crash end of day when rumours refuted? Wow, I've never seen such roller coaster on a stock.

[fdfd12]

Willy Wonka, I totally agree.

[curiousbuild]

Apollo might be acting on behalf of TPG or Takeda.. that's my take.. TPG interest would be parabolic increase on SP so they may wanna stay anon.. I do not consider WSJ as reliable source as I will rely on Concordia's press releases.. CB

[PROtrading]

Here is what the "tools" are telling us, I think.  Just trying to catch up here.  Quite the "stuff" this weekend!  wow.... So we have no real idea who is bidding.  We have some apparent leaks that some bidders pulled out but that might just be BS correct? What we do know are the "tools" (multialias bashing scumbags here) have been hired with