So the Saputo bid for WCB has closed with Saputo only getting to 87%.
There seems to be buyers there still at around $8.50.
Why would anyone in their right mind still want to buy WCB shares at that price without any takeover bids coming???
WCB are now trading on a P/E of 32, and a dividend yield of just 1.5%.
Surely the share price should drop back down to around where it was before the bidding war? Around $4.50?
So the Saputo bid for WCB has closed with Saputo only getting to...
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