takeover merger, page-5

Dexus have certainly not come out and told the market they are considering Valad... Given the reliability of the information coming from the financial press, surely there is a huge doubt over whether they are considering a takeover of VPG. While I like to be optimistic (what else do we have at the moment but optimism), I think talks of takeover should be treated with grea scepticism.....
Dexus have stated their main intention is to strengthen their balance sheet etc. They made no mention of any takeovers. Personally, while a takeover would give a small amount of satisfaction (nice to get some money back out of this stock), the best result is they complete their refinancing and hold on until this economic crisis is over. If that happens, you will see real value in your shares again. Wild speculation of takeovers in the press may excite some for a quick exit, but the big pay day (hopefully) will come when Valad manages to get out of this mess.