There are three bleeding obvious outcomes in this whole messy saga. The offer is accepted in which nervous holders will make about 40% return . If the offer is rejected or TPG walks then there is a down side of 20% and give or take 5-10 % exaggeration by shorters. The third option is an unlikely increase to 1.50. I am hoping the TPG mob takes a hike and let the board get on with business and get back some real value for this good company with $ 1.5 B turnover. The best thing that could happen to this company is if this greedy TPG mob takes a hike and disappear into the horizon . They are opportunistic and care less about the company.I know this may be wishful thinking but may be in a a year or two this stock may be worth a little more than $ 1.45. I hope they walk. This company is better without them imo.
BBG Price at posting:
85.1¢ Sentiment: LT Buy Disclosure: Held