I'm sure BBG said in the Bain announcement that they wont be announcing bids only when and IF they decide to sell it.
At 1.41 i'm much less interested than I was at ~1.35. I dont want to piss on anyones parade and I'm a holder myself but there is a real possibility that this could go on for 4 months, a deal not be done and the SP could plummet to CR levels.
The board know what the company is worth and although I think they will sell it for the right price, they wont give it away. I would be more keen if the bidders were not vulture private equity groups.
Add to My Watchlist
What is My Watchlist?