daytrading july 6 morning, page-87

  1. 26,724 Posts.
    lightbulb Created with Sketch. 345
    good to hear 5hareholder, TPG's most recent offer of $3.30, equates to approx $2.60 (today's price) -

    so looking out for the headline, "TPG offers to buy Billabong at $2/share" (rejected by BBG), then comes back with a revised offer of $2.20 (gnarly dudes - SOLD)...

    keeping in mind since the $3.30 offer, BBG's debt has been reduced from approx. $500 mill to $100mill.

    Also DT7, mentioned that BBG was in the Eureka report's Top 10 takeover targets this week, wonder who the other 9 were ???
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.