Concordia Healthcare Corp. T.CXR.R

A Coincidence???

[wallop13]

I seen an article that said KKR, Apollo Global Management, and the Carlyle Group are interested in buying HPE in a possible $40 billion-plus deal. I found this interesting because 2 of these companies were reportedly interested in buying CXR. I also thought I remembered hearing KKR was a CXR shareholder, so I took a closer look. What I found was interesting.

Turns out as of last filing KKR had sold all of their AGN shares . This same filling shows KKR increased their shares in CXR by  425%. They now own 5% of the company. In addition to this I noticed KKR bought a new 5% stake in Walgreens/Boots, a stake worth over 4 billion. Walgreens/Boots has 13,100 stores in 11 countries with the majority of those stores in the US and UK. Maybe a coincidence...... maybe not. I guess we'll see.

[pineapple1]

This post has been removed in accordance with Community Policy

[wallop13]

That's what I thought when I checked Morningstar first. Then I did one more check so I could hear it from the horse's mouth. https://www.nasdaq.com/symbol/cxrx/ownership-summary

[puma1]

what BS Pineapple and bottom buddies - you know that Morningstar has been screwed up since the name change of CXR - or maybe you aren't that smart and never noticed that Cinven aren't on the list either; along with a number of other funds disclosed only a month ago.

[CNInvesting]

Actually, everything is listed. Just compare the list from the Nasdaq site and Morningstar and you'll see. There are two tabs on Morningstar ''Funds'' and '' Institutions''.

[pineapple1]

This post has been removed in accordance with Community Policy

[pineapple1]

This post has been removed in accordance with Community Policy

[LatticeInExiIe]

This post has been removed in accordance with Community Policy

[wallop13]

CXR does not make that top 5 list in the 8 k. If CXR was on there they would have to own about a quarter of the shares.

[wallop13]

They actually would have to own all the CXR shares. Forgot that doesn't include the debt.

[pineapple1]

This post has been removed in accordance with Community Policy

[pineapple1]

This post has been removed in accordance with Community Policy

[pineapple1]

This post has been removed in accordance with Community Policy

[wallop13]

How do you know that??? They haven't filled their 13F for Q2 yet (I checked). They have up to another 15 days to file. I can see top 5 holdings in their 8K. I can see they added another 20% to WBA.

[CNInvesting]

https://www.nasdaq.com/symbol/cxrx/institutional-holdings Look at the date. It's for Q1 ended03/31/2016 meaning they bought those 2.5 million shares during the that period. Easy. If they had add to their stake in CXR, it would most likely be over 5% in which case they would have had to file a 13D within 10 days.

[wallop13]

That's fine. I assume they know this too. So they stop a hair under 5% and do a deal for the rest. They would know that the price would skyrocket if they added anymore. It's really speculation at this point. No point in getting bent out of shape. I'm not going to get in a straw fight with you, as Lattice likes to say.

[pineapple1]

This post has been removed in accordance with Community Policy