My money would be on the US listed entity Blackbaud. Have the financial means and already enjoy a strong foothold in the Faith Sector, specifically the Catholic Church sector, this particularly via Catholic Education. Also a major player with Not-for- Profits. Presents as highly profitable Revenue which in turn will yield a step-change for the Acquirer. Valueing IP will be interesting. Outlook on growth (a grey area for PPH over the past 18 months) may not weigh heavily in the Acquirer's decision, particularly if it is a competitor such as Blackbaud
If a deal is done, IMO should be highly favourable to existing shareholders versus the current SP.
GLTAH Rokewa
PPH Price at posting:
$1.18 Sentiment: None Disclosure: Not Held
