COK might not be an imminent "takeover target"; because the last time that I checked; the 5 largest shareholders owned about 50% of COK; so in a way COK has been "taken over" already. From memory the 5 largest shareholders; included Korean interests; Postco etc; and these shareholders might have their own long term agenda for COK; rather than having an agenda of "tidying up the farm getting it ready for a sale".
Lookcarefully,
That is the crux of the situation of COK currently. Perfectly summed up imo. What a purler of a scenario for the patient ones. Must be nearly time for some sp action. Multiples to be had here surely with WICET approval.
COK Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held