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0.00% $7.79 aconex limited

Ann: Aconex Board Recommends Acquisition Proposal by Oracle, page-10

  1. madamswer
    16,584 Posts.
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    18/12/17
    08:27
    Post #: 29696378

    “Nice Christmas present for all
    Oracle got an absolute bargain!”

    If Oracle got a bargain, then how can the counterparties in the transaction - viz. ACX shareholders - possibly view this as a Christmas present?

    Especially when those shareholders will have a tax liability arising as a result.
    ACX Price at posting: $5.29 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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