Yes it could be a way to essentially recruit a bunch of people. Despite supposedly still being a meaningful agency business the fact it isn't moving guidance says a lot. I agree acquiring a whole business has risks around intergration, namely culture. On the plus side, this doesn't have the hallmarks of terrible M&A. Namely being very large purchases, in other juristictions outside, new business lines and/or using debt. CCP basically just buying a broke business with some employees and a few existing relationships for very little relative to npat. Is 11m a good deal? Apparently there were a few parties hanging around the corpse...
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$14.98 |
Change
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Open | High | Low | Value | Volume |
$15.65 | $15.65 | $14.95 | $5.840M | 385.0K |
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1 | 33 | $14.97 |
Sellers (Offers)
Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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2 | 2167 | 14.900 |
1 | 1125 | 14.620 |
1 | 68 | 14.600 |
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Price($) | Vol. | No. |
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14.990 | 5063 | 2 |
15.090 | 1600 | 1 |
15.210 | 2000 | 1 |
15.230 | 1500 | 1 |
15.350 | 2000 | 1 |
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Change
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Open | High | Low | Volume | ||
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