good to hear 5hareholder, TPG's most recent offer of $3.30, equates to approx $2.60 (today's price) -
so looking out for the headline, "TPG offers to buy Billabong at $2/share" (rejected by BBG), then comes back with a revised offer of $2.20 (gnarly dudes - SOLD)...
keeping in mind since the $3.30 offer, BBG's debt has been reduced from approx. $500 mill to $100mill.
Also DT7, mentioned that BBG was in the Eureka report's Top 10 takeover targets this week, wonder who the other 9 were ???
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