Post by
Income on Feb 08, 2024 12:24pm
Devon in bid to acquire according to Reuters and Bloomberg
The question is what price? USD transcation.
Comment by
Income on Feb 08, 2024 12:27pm
Looks like $18 USD is the recnet high.
Comment by
caretired1 on Feb 08, 2024 12:29pm
Have to be over $20 usd IMO and not all stock
Comment by
Squint1 on Feb 08, 2024 1:36pm
Apparently it is a stink bid of $3 billion or about $14.42 per share.
Comment by
Squint1 on Feb 08, 2024 3:05pm
Per RBC report as posted on Investor village. It says $3 billion price.
Comment by
caretired1 on Feb 08, 2024 3:19pm
They can half of the company for 3 billion
Comment by
matt2018 on Feb 08, 2024 7:38pm
$3B US = appr $4.5B CDN Thats about $22.00 share CDN.' that wont get a deal done. $5.1B CDN = appr $25.00 CDN share That would be a minimum that could get this deal going.
Comment by
marcrobert on Feb 09, 2024 11:01am
so 1 USD = 1.50 CAD ? no it's 1.34, so more like 4 B
Comment by
marcrobert on Feb 09, 2024 11:05am
pls paste report here or provide a link!!
Comment by
Squint1 on Feb 09, 2024 11:39am
https://www.investorvillage.com/groups.asp?mb=19168&mn=548120&pt=msg&mid=24679766
Comment by
BrownDog5340 on Feb 09, 2024 12:54pm
Dundas will never let that happen.
Comment by
marcrobert on Feb 09, 2024 1:03pm
This is just RBC reacting to Reuters' "rumor" news. RBC does not have any specific info, just to be clear