FanTazzyd.......last time there was only one potential buyer....tpg.....this time around we could have multiple bidders......as per press reports at the time up to 5 different parties met bbg in december but gordon pushed them all away....only tpg was game enough to make a public bid......now that gordon is inviting offers we could see more parties come forward
Also a trade party could afford to pay alot more then a pe party as they could extract more synergies....
So i reckon the eventual price will be a lot higher then 1.50
BBG Price at posting:
84.7¢ Sentiment: LT Buy Disclosure: Held