They should do a offmarket tender offer. It was successful for MMG few years back.
How it would work is that holders offer their hybrids at a given price say 2000 units at $60.
At the end of the offer period, the company would decide their buy back price and all those who were at or below buy back price will be bought out at that figure.
In the current climate, I would be happy with something like $65
PXU
paperlinx sps trust
orbis, page-4
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)