The company says it got an "unsolicited" offer. That means the company was not promoting itself as selling but now the game has changed.
Much like an agent walking off the street and making an offer for your home when you aren't a seller. Then you think about the offer and decide to go the market to see what it is really worth. Probably more than the first offer.
So AZZ is probably in play.
So why is nothing being said from brokers and analysts. Because they are all scrambling for information and positions. Then they will comment.
The smart people are trying to find out more, holding or buying.
The others are going to miss out. Tough......
The company says it got an "unsolicited" offer. That means the...
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