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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > There was never a serious offer, just a rumor of an offer
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Post by PirateEquity on Oct 29, 2016 4:36pm

There was never a serious offer, just a rumor of an offer

FundTrader, there was never an offer. Blackstone and Carlyle were invited, saw and never turned back.

The Apollo offer was also all rumor based.

Wall Street Journal source "person familiar with the situation" It appears Amy Or was a puppet.

Republishes via news wires as "fact" "a person familiar with the matter"

Welcome to Wall Street Head Fakes when private money meets public "YOUR" money!
Comment by fundtrader on Oct 29, 2016 9:39pm
Amco offer was always there but too low and board rejected it..go check Mt second quarter transcripts. No one knew shares would drop down so quickly. Need to confront Mt on this issue during 3rd quarter results confrence call. Black Rock could come in again and take them out for 15$ us. Its all speculation but current share price offers an interesting risk reward scenario..i am buying more
Comment by PirateEquity on Oct 29, 2016 10:13pm
You are confused. The Amco deal was last year and that was real. The Blacktone, Carlyle and Apollo Global interest were always "well placed" rumors by un-named "sources close to the company". Everyone should research this for themselves. It's really not that hard people. Show me any official news that states the confirmation of offers from Apollo Global which you keep ...more  
Comment by fundtrader on Oct 29, 2016 11:10pm
pirate equity you are just a new lil shorter that has been posting on this board for a day..i have been holding concordia for many months and buying...lil shorters like you who post bs for longs to sell are the worst kind of scum on this planet.
Comment by PirateEquity on Oct 30, 2016 12:43am
Please focus on the facts. The facts are these failed rumoured buyout suitors were private equity apparently invited to the table by by the consulting investment banking outfit. Greenhill & Co? And to add more relevant facts to this. Jordan Kupinsky, the "Lead Independent Director" at Concordia has some past and possible current relationship with Greenhill.  Interesting? He ...more  
Comment by Craigbad on Oct 30, 2016 8:18am
Kind of curious how the lead "independent" directors previous employer gets hired for months as a consultant, with shareholder money footing the bill and the solution they come up with is to add more debt to end the strategic review!
Comment by PirateEquity on Oct 30, 2016 11:22am
This is a tragic case. There appears to be a lot of people playing into these games and many professional pumpers like funftrader fooling people unware of the serious games played. The surge seen on Thusday Oct 20th was pure fabrication with absolutely no news.  So a leak from a "company close to the company" was apparently "out there", not with any public disclosure ...more  
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