Bullboard - Stock Discussion Forum Indigo Books & Music Inc T.IDG

Consumer Cyclical Specialty Retail

Indigo Books & Music Inc. is a Canada-based book and lifestyle retailer. The Company is engaged in offering an assortment of books, gifts, home, wellness, fashion, paper, baby, and kid’s products. The Company operates retail stores in all ten provinces and one territory in Canada, and also has retail operations in the United States through a wholly owned subsidiary, operating one retail store... see more

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Post by DisplayName1111on May 22, 2024 12:54pm

Saying No to the arrangement

I'm planning to vote No to the arrangement as it should be at least 2.90$ (the upper limit set by BMO)

Comment by 2young2investon Apr 04, 2024 10:06am

RE:RE:RE:RE:Cormark summary

Yep, a nice suprise! Too bad I couldn't accumulate more shares.

Discussion

Comment by Possibleidiot01on Apr 03, 2024 4:40pm

RE:RE:RE:Cormark summary

In the end , shareholders get 25 cents more or about $3-4 million more than the original offer.

Discussion

Post by Betteryear2on Apr 03, 2024 4:24pm

INDIGO AGREES TO BE TAKEN PRIVATE

Indigo enters into definitive agreement at increased offer price relative to initial proposal Shareholders will receive $2.50 per share in cash, representing a premium of approximately 69% ...more

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Comment by 2young2investon Mar 14, 2024 3:37pm

RE:RE:RE:Cormark summary

They could pay more than $25m? Yes, but why? Company's liabilities are higher than their assets. The big discounts were because no one had enough disposable income to spend. IDG is not an IT ...more

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Discussion

Comment by Possibleidiot01on Feb 24, 2024 5:08pm

RE:RE:Cormark summary

I've very seldom seen analysts come out this strongly against buyout offers. People seldom make offers unless it benefits them. Since then Cormark has walked the price back to $3.20 but, they ...more

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Discussion

Comment by 2young2investon Feb 08, 2024 7:11pm

RE:Cormark summary

Looks like Cormark or their clients are underwater. $2.25 is a very good offer, company worth zero: negative equity, no real assets and it barely made any money during Christmas season, the rest ...more

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Post by PressReleaseon Feb 08, 2024 5:02pm

New Press Release - Indigo Reports FY24 Third Quarter Results

TORONTO, Feb. 8, 2024 /CNW/ - Indigo Books & Music Inc. (TSX: IDG), Canada's leading book and lifestyle retailer, reported financial results for the 13-week period ended December 30, 2023 compared to the 13-week period ended December 31, 2022.The Company recognized total revenue of $370.6 million...read article.

Post by Possibleidiot01on Feb 02, 2024 12:00pm

Cormark summary

Indigo Books & Music Inc. (IDG - TSX) Privatization ...more

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Post by TrevorAbeson Feb 02, 2024 11:26am

Shares of Indigo Books skyrocket on potential privatization

https://stockhouse.com/news/the-market-herald-news/2024/02/02/shares-indigo-books-skyrocket-on-potential-privatization

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Comment by Possibleidiot01on Feb 02, 2024 10:57am

RE:RE:RE:Buyout at a nice Premium just announced

It's not like you have an option here ; alternative buyers won't line up here and if they did they have no chance. Take the bucks. 41m ago Shares of Indigo ...more

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Discussion

Comment by Torontojayon Feb 02, 2024 10:35am

RE:RE:RE:RE:Buyout at a nice Premium just announced

That's a compliment Savy. Rosie is a wise individual.

Discussion

Comment by savyinvestor333on Feb 02, 2024 9:01am

RE:RE:RE:Buyout at a nice Premium just announced

It must be tough being an eternal pessimist. Never a optimistic view from you. I am almost positive you must be Davis Rosenberg.

Discussion

Comment by Torontojayon Feb 02, 2024 7:59am

RE:RE:Buyout at a nice Premium just announced

Good point. It's a nice premium for the majority who purchased shares in 2023 but the premium is still about the same as the share price one year ago.

Discussion