i dream about a hostile t/o - a price around 2.50 would be nice and sweet! the unsuccessful bidders for parts of the business could form a JV, pool their money and buy the co. for a bargain, then divvy it up as they see fit.
if Kaplan/TIG etc wanted it last year for 4.40 with all the debt, why wouldn't they still want it all with half the debt now at half the price???
anyway - probably buckley's chance of that - but you can still dream!
nice day so far - still think it was oversold and the market is readjusting to its real value slowly as the dust settles.
AIO Price at posting:
$1.31 Sentiment: Buy Disclosure: Held